Page 32 - The 10 Most Innovative Startups in Travel 2019
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Travel Sector : Entrepreneurs See
the Opportunity in the Space
With technology prospering every day, entrepreneurs believe that they can hit
upon the formula to make travel entertainment streaming a success
he travel sector in India is estimated to be at 660 million, primarily dominated by road
travel (500Mn) followed by railway (90Mn) and air (70Mn). According to the Indian Brand
TEquity Foundation, during January-April 2018 Foreign Exchange Earnings from tourism
increased 17.4 per cent year-on-year to $10.62 billion. Also, according to Media Partners
Asia, a research and consulting firm, YouTube and Facebook combined accounted for 75
per cent of online video advertising in the Asia-Pacific at the end of 2017.
The Scenario on the Go
