The report titled, ‘Demystifying the Indian Online Traveler’ charts the decision making journey of the Indian traveller showing the growth opportunities for travel businesses. As per the report, Indian travel market is projected to grow at 11-11.5% to $48 billion by 2020 with the biggest contributor, air travel expected to grow at 15% to $30 billion. Hotels will grow at 13% to $13 billion by 2020 while railways will remain largely stagnant at $5 billion. Additionally, as more people come online, smartphone penetration improves and use of digital payments goes up, the report estimates that India’s online hotel market will grow to US$4 billion with 31% penetration at a CAGR of 25%. Get the full story at The Economic Times Read also "Online hotel bookings to touch one-third mark by 2020: Google-BCG report" at VC Circle, and "Best online hotel booking sites in India" at India.com