Effects of GST on Sports Tourism, once an alien concept, has been rapidly evolving over the past five years. Although a niche segment, it has an immense potential with an expected growth rate of 10-20 per cent per annum.
An alien concept in India about a decade ago, Effects of GST on Sports Tourism, though a niche segment has evolved rapidly over the past five years. A large number of agents and tour operators are introducing interesting packages surrounding major sporting events. Effects of GST on Sports Tourism is a well organised sector and major revenue churner in several nations around the world like UK, Germany, Singapore, South Africa, Malaysia etc.