The Indian tourism industry has out performed the global tourism industry in terms of growth in the volume of international tourists as well in terms of the revenue. The world travel and tourism council (WTTC) has named India along with China as one of the most fastest growing tourism industries for the next 10 to 15 years.

Further reading:

• The Economic Times: When business travel sinks, portals rake it in from leisure, Jun 2008
  
• Contentsutra: TravelGuru sells majority stake to Expedia for USD 17 million, Jun 2008
• The Economic Times: Travelguru to acquire Desiya for USD 25 million, Dec 2007
  
• Indiatimes: Travel portals cash in on hotel boom, Jan 2007
• Euromonitor International: Travel and Tourism in India, Sep 2006