News > Indian travel and tourism industry returns to pre-pandemic levels after two years

Indian travel and tourism industry returns to pre-pandemic levels after two years

Travel agencies including OTAs and social commerce platforms are seeing strong demand in travel bookings for the next few months, especially to beat the summer heat. According to the rating agency ICRA, the domestic air passenger traffic for FY 2023 is predicted to reach the pre-pandemic levels seen in FY 2019. Despite increased airfare and hotel bookings, the demand for travel bookings is not going to slow down its pace any sooner.