Nifty99000 100%

Sensex99000 100%

Article rating: 5.0
Tags:
Article rating: 4.3
Tags:
Article rating: 5.0
Tags:
Article rating: 5.0
Tags:
Article rating: 5.0
Tags:
Article rating: 5.0
Tags:
Article rating: 5.0
Tags:
Article rating: No rating
Tags:
Article rating: 4.1
Tags:
Article rating: 5.0
Tags:
Article rating: 5.0
Tags:
Article rating: 5.0
Tags:
Article rating: No rating
Tags:
Article rating: No rating
Tags:
Article rating: 2.0
Tags:
Article rating: 5.0
Tags:
RSS

News

I-Day weekend boosts short-break bookings: Industry

Author: PTI/Monday, August 20, 2018/Categories: National

I-Day weekend boosts short-break bookings: Industry

Mumbai - With more and more Indians wanting to utilise long weekends for short breaks, there was up to 49% growth in bookings during this the Independence Day week, the industry said.

While overall air bookings increased over 30% from last year, hotel bookings saw a 50% spike during the week with demand growing for high-end properties. An interesting feature was the rise in the number of women holidayers, which rose by 5 percentage points.

"With the Independence Day falling in the middle of the week this year, we saw increased bookings both for the prior weekend as well as for the weekend after August 15.

"The number of air bookings made at least 15 days in advance has increased by 49% from last year. On the hotels front, we observed that 64% of the bookings were made in the last four weeks and 34% over the previous six weeks," Cleartrip Vice-President for accommodation and activities, Ankit Rastogi told PTI.

He said the average stay for domestic round-trip bookings increased by a day from last year.

"Over 57% of the hotel bookings were for three nights or above. Interestingly, people are more inclined towards spending on luxury properties, with almost 33% of the bookings for 4 and 5-star hotels against 23% last year," he added.

Bookings by couples, families, and group bookings amounted to 39%, 29% and 19% of the total booking pie for hotels, he said.

Echoing a similar view, Expedia India Marketing Head Manmeet Ahluwalia said as this Independence Day fell on Wednesday, travel enthusiasts took a couple of days off and combined it with the weekend, making it a mini vacation.

"We have seen a rise in bookings which increased by 30-35% throughout the week. Delhiites preferred going to Shimla, Kathmandu and Goa, while Mumbaiites flew to Goa, Jaigarh, Matheran and Pune. We also saw rise in international bookings for destinations like Bhutan, Sri Lanka, Thailand, Indonesia and Dubai this week," he added.

Paytm Vice-President Abhishek Rajan said, "We have registered a significant surge in bus bookings to these destinations compared to last month. There has been a 50% month-on-month growth in bus passengers, while train and air passengers grew by 9% and 6%, respectively. This growth is higher from key tier II cities compared to tier I cities."

Around 70% of these passengers were men and the rest women, compared to 75% men and 25% women on normal days, he added.

Anand Menon, vice-president and head, travel tours, leisure business at FCM Travel Solutions -- the Indian subsidiary of Flight Centre Travel Group of Australia -- said simplified visa processes have made an easy access to international destinations like Abu Dhabi, Pattaya in Thailand and Singapore for the August 15 long weekend.

"Despite falling on a weekday, we have observed a rise of 23 per cent overall in travel bookings for domestic and international travel compared to the I-Day weekend last year," he added.

Meanwhile, Ixigo Chief Executive and Co-Founder Aloke Bajpai said his company has witnessed over 46% jump in travel compared to corresponding weeks.

"Many major domestic airlines and travel portals announced their Independence Day sales, which contributed to this growth. The preferred travel dates are between August 3 and 16, with most people taking short trips, many back to their hometowns.

"The peak was observed for travel from Delhi, Chennai, Bengaluru, Kolkata and Mumbai," he added.

Print Rate this article:
No rating

Number of views (305)/Comments (0)

rajyashree guha

PTI

Other posts by PTI
Contact author

Leave a comment

Name:
Email:
Comment:
Add comment

Name:
Email:
Subject:
Message:
x

Videos

Ask the Finapolis.

I'm not a robot
 
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
 
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest
 
 

Categories

Disclaimer

The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

Subscribe For Free

Get the e-paper free