India's domestic travel sector is witnessing a massive surge. With the government targeting a Rs.3 lakh crore boost to tourism and record demand for religious, medical, and cultural travel, 2025 could be a golden year for tourism-related stocks.
But instead of chasing obvious hotel chains or airlines, smart investors are tracking hidden travel & tourism plays in logistics, holiday packages, and spiritual tourism that may quietly deliver multibagger returns.
Here are 5 Indian tourism-focused stocks flying under the radar in 2025.
🛕 1. Indian Railway Catering and Tourism Corporation (IRCTC)
IRCTC continues to dominate online railway bookings, but its underrated tourism arm is growing fast. It offers curated spiritual tour packages (Bharat Gaurav trains), airline ticketing, and hotel bookings — making it a complete domestic travel play.
🔍 Why Watch? IRCTC is benefiting from religious tourism surges to Ayodhya, Kashi, and Kedarnath. Its upcoming premium train services could drive strong revenue growth in FY25.
🏨 2. Easy Trip Planners (EaseMyTrip)
This homegrown online travel platform is giving stiff competition to MMT and Yatra. It has zero-convenience-fee offerings and recently expanded into international travel, visa services, and luxury hotel bookings.
🔍 Why Watch? With over 12 million users and growing presence in tier-2 cities, EaseMyTrip is riding India’s growing middle-class travel aspirations.
🚁 3. Global Vectra Helicorp
An underrated tourism logistics stock. It provides helicopter services to pilgrimage sites like Vaishno Devi, Kedarnath, and Amarnath. As spiritual tourism explodes post-COVID, this niche operator could quietly scale up.
🔍 Why Watch? It has a near-monopoly in the heli-tourism segment, which is now being promoted under the UDAN scheme.
🌍 4. Thomas Cook India
Don’t let the name fool you — Thomas Cook is now owned by Fairfax (Canada). It’s reinvented itself with domestic tour packages, forex services, and customized international group travel.
🔍 Why Watch? With India’s outbound travel rising in 2025, Thomas Cook’s brand trust and cross-selling opportunities make it a strong turnaround bet.
✈️ 5. InterGlobe Aviation (IndiGo Airlines)
IndiGo is India's largest airline with a growing share in domestic and short-haul international routes. It’s also aggressively expanding to Tier-2 cities and pilgrimage circuits.
🔍 Why Watch? Despite being an airline, it directly benefits from rising air travel due to religious, medical, and event tourism. IndiGo has strong financials and a massive order book for new aircraft.
💡 Final Thoughts
India's tourism economy is not just about Taj Mahal or Goa anymore. From helicopter rides in Kedarnath to online rail bookings and luxury hotel packages, the ecosystem is evolving fast.
For investors looking beyond traditional sectors, these tourism-linked stocks could quietly outperform in 2025.
Stay alert, stay informed — and don’t ignore India’s Rs.3 lakh crore travel boom.
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