BANGKOK/NEW DELHI ¨C Indian tourists are streaming into Southeast Asia, cementing the world most populous country¡¯s position as a key growth market for a travel and tourism sector that is feeling the pinch of China¡¯s slower-than-expected re-opening.
From airlines like IndiGo and Thai Airways to hospitality chains offering thousands of rooms, companies are tapping into India¡¯s burgeoning middle-class and growing spending power, executives and analysts have said.
¡°Southeast Asia is obviously very well positioned for a lot of the growth that is inevitably going to come from India,¡± aviation analyst Brendan Sobie told an industry conference last month.
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