Trip.Biz launches Agent ONE; India travel market grows just 1% in 2025

Key points

• Trip.Biz launched Agent ONE at the Transform 2026 summit in Singapore, with planning, booking, approval and insight agents, now live across all Trip.Biz-supported markets.
• Trip.Biz says the booking agent cuts average booking time from about 45 minutes to 2 minutes (a 90% improvement) and the approval agent reduces waits from over an hour to under 3 seconds.
• A Phocuswright report shows India's travel market grew just 1% to $41.7 billion in 2025, versus 10% growth in 2024; online bookings rose 4% to $24 billion, a 57% penetration rate.
• India's market is projected to grow 13% to $47.2 billion in 2026, moderate to 7% in 2027 and reach $59.1 billion by 2029 with 62% online penetration.
• India's government pledged up to ₹10,000 crore in fuel price-stabilisation support; IndiGo posted a ₹2,394 crore FY26 net loss and ended its widebody leasing experiment, while Air India trimmed international routes.
• Cloudbeds and Klook launched a two-way integration for automated, synchronised distribution of rates, availability and bookings.
• WTTC, JATA and Tourism EXPO Japan signed an MOU; Japan's travel and tourism sector contributed a record $343.1 billion to GDP in 2025, 8.1% of GDP.
• Consecutive F1 weekends in Sepang (2-4 October) and Singapore (9-11 October) drove hotel demand, with Trip.com data showing bookings up over 200% year-on-year in Sepang and over 80% in Singapore.