Home Hotel industry Indian consumers pack their bags for Goa and Bali

Indian consumers pack their bags for Goa and Bali

0
  • Goa is where everyone heads for the August long weekends.
  • For short-haul international destinations, bali experienced an increase in demand for flight reservations and queries.
  • The travel and hospitality industry is expected to grow nearly 90% this year.

With Independence Day and Raksha Bandhan around the corner August has three long weekends. Indian travelers, after staying home for nearly two years, want to make the most of it by planning short getaways in advance.

“The joy of the long weekend has returned, and many are eagerly waiting to get away to make the most of this upcoming weekend,” said Vipul Prakash, COO, MakeMyTrip.

Businesses are seeing an increase in leisure travel, staycations and people traveling to their hometowns for the long break from August 11-15. CEO and co-founder of Ixigo.

Goa remains the strongest contender, however, ranking alongside the edgy suburbs – with a more than 100% increase in flight search queries – as the perfect beach destination to unwind.

According to data recorded on Goibibo, there is a steady week-over-week increase in bookings at hotels and alternative accommodation properties in some of the preferred leisure hotspots.

“Currently, across both segments, we are seeing impressive higher-digit growth, and we expect this momentum to continue over the coming days. We are seeing an increase in bookings for home travel. The data further indicate that 49% of flight bookings are for travel to Tier II and III sectors, suggesting that many are planning to return home to spend the long weekend and Rakhi festival with friends and family. said Vipul Prakash, COO, Goibibo to Business Insider India.

Among the cities, Bangalore tops the list. Ooty is also a favorite destination after Pondicherry.

Delhiites and Mumbaikars head for the hills of Shimla, Mahabaleshwar and Lonavala. Udaipur and Rishikesh have made it onto the list.

Travel bugs also fly abroad for short-distance vacations.

Vipul Prakash, COO, MakeMyTrip said, “On the international front, people are opting for short-haul trips to Singapore, Thailand and Dubai. In the process, Bali, Istanbul and London are experiencing an increase in bookings for the period in question.

While consumer sentiments remain strong towards travel, the hospitality industry is optimistic about the future of travel and the return of leisure as international borders reopen. “The industry is expected to grow by around 80% to 90% this year,” says Aditya Gupta, senior vice president of Yatra.com.

“2022 so far has been promising for the travel and hospitality industry due to increased consumer confidence in travel, especially this season,” said Shreerang Godbole, SVP – Product & Chief Service Officer of Oyo told Business Insider India.

Indians are also shelling out more money for the long weekend as 4-star hotels see an increase in enquiries.

Aditya Gupta, senior vice president of Yatra.com, observed an “increase in demand and queries for high-end accommodation options, primarily 4 and 5 star properties in hotels and resorts. There was a subsequent increase in the price of hotels with the average hotel price being ₹7,000-8,000.

Travel is more flexible today than it has ever been due to changing trends. For pocket travelers, weekends often become compact. For this, hostels have also seen a spike in their bookings almost to 100% in destinations like Goa, Udaipur and co-org.

Experts said that more and more consumers today are opting for experiential and unexplored travel destinations. Even during the generally lean monsoon season, Indian travelers expressed a strong intention to travel for intercity road journeys for around 1-3 days.

“The desire to travel is still strong across the country,” Godbole said.

SEE ALSO:

Amazon Great Freedom Festival 2022 sale: Check out the first deals on smart TVs

Meta rolls out NFT support on Instagram to 100 countries