The Tourism Authority of Thailand unveiled a new marketing campaign “Meaningful Relationship” at the World Travel Market event in London on Monday.
19.10.2023 - 10:19 / skift.com / Peden Doma Bhutia
That’s how Kumar opened Booking’s “How India Travels” report release on Wednesday in Delhi, which cited several reasons for the optimism:
There is a marked difference in how they travel: Beyond traditional tourist destinations, Indian travelers are now on a quest for novelty, craving authentic and immersive experiences, as highlighted in Booking.com’sreport released in collaboration withknowledge partners McKinsey & Company.
This shift, according to the report, is prompting online travel agencies to focus on tailoring personalized offers and optimizing landing pages to provide relevant product recommendations.
The report also sheds light on the shifting travel landscape, offering insights into the new Indian traveler and the factors driving this growth.
What’s Driving These Travelers? Driven by a strong economy, a growing middle class and a fairly young population, Indian travelers are prioritizing travel experiences. This is further bolstered by the expected shift in India’s income pyramid, marked by a six-time growth in households earning $35,000 annually by 2030.
Where are They Traveling?
International: Competitive tour packages, easier booking processes, and improved visa access have made foreign travel more accessible to Indian tourists. Destinations like Sri Lanka, Indonesia, Vietnam and Nepal are becoming preferred choices, showcasing the diversification of international travel options for Indian globetrotters.
Interesting Point: In some cases, Booking notes that for destinations like Bangkok, Nepal and Sri Lanka, a 5-day international destination package costs almost the same as a domestic package, making overseas travel even more attractive.
Domestic: Smaller cities in India, such as Varanasi, Coimbatore, Mysore, Puducherry, Chandigarh and Kochi, are gaining popularity among travelers. While some are destinations in themselves, other serve as gateways to other destinations.
What’s Contributed to The Small City Rush?
What’s Driving This Wanderlust?
Indian travelers are largely influenced by social media platforms, TV shows and Indian cinema. That explains why travel brands engage in celebrity endorsements and partnerships. Mega events like sporting tournaments (ICC Men’s Cricket World Cup 2023), diplomatic meetings (G20 Summit 2023), music concerts (Lollapalooza) and many more also influence travel decisions. YouTube is the go-to platform among social media platforms for travel inspiration, followed by Instagram.
Booking.com is a sponsor of the ICC Cricket World Cup currently taking place in India.
6 Skift Takeways from the Report:
1. Shorter Trip Planning Windows to Plan Longer Trips: Indians are notorious as last-minute bookers and the pandemic has further shortened the booking window
The Tourism Authority of Thailand unveiled a new marketing campaign “Meaningful Relationship” at the World Travel Market event in London on Monday.
In the latest episode of the Skift India Travel Podcast, Krishna Rathi, country director of Agoda in India, in conversation with Skift Asia Editor Peden Doma Bhutia, talks about the online travel company’s growing focus on India. Agoda launched its first-ever television commercial in India last week. Echoing Agoda CEO Omri Morgenshtern’s thoughts, Rathi notes that there’s a strong alignment between Agoda’s core values and the Indian market.
This series of articles about credit cards, points and miles, and budgeting for travel is brought to you in partnership with The Points Guy.
This series of articles about credit cards, points and miles, and budgeting for travel is brought to you in partnership with The Points Guy.
While metropolises like New Delhi and Mumbai continue to be on the travel list, leisure destinations like Udaipur, Puri, Goa, Jaipur and Munnar are some of the top searched domestic destinations during the festive season (between November 10-14), according to Booking.com.
In this episode of the Skift India Travel Podcast, Dhruv Shringi, CEO and co-founder of Yatra.com, in conversation with Skift’s Peden Doma Bhutia, talks about timing the India IPO launch in September and how Yatra is looking at the booming travel market in the country. Delving into the integration of technology into Yatra’s services, Shringi shares about going beyond the standard booking functionality and how subscription programs like Yatra Prime play a pivotal role in enhancing customer satisfaction.
Indian travelers prioritize value when choosing holiday destinations, with choices significantly influenced by flight costs and attraction expenses. But they will also book business class or first class tickets.
Online travel agency MakeMyTrip announced that it is acquiring a majority stake in Indian intercity car rental company Savaari.
Boosted by the travel boom, the Indian hotel industry is set to report double-digit revenue growth in fiscal 2024, as projected by ratings agency ICRA.
After much speculation, Thailand finally announced on Tuesday that it would grant visa-free entry to Indian citizens from November 10 till May 2024.
This series of articles about credit cards, points and miles, and budgeting for travel is brought to you in partnership with The Points Guy.
This series of articles about credit cards, points and miles, and budgeting for travel is brought to you in partnership with The Points Guy.