Fewer restrictions to increase travel demand | Tech US News


NEW DELHI : With the lifting of restrictions on international travel, the leisure and travel industry expects a greater influx of international tourists as well as an increase in domestic travel.

“We expect a 10-15% increase in revenue, including inbound travelers in the October-December quarter, given that international travel norms have been relaxed. While we do not see inbound tourism as a major contributor to leisure bookings as pre-pandemic times, the increase in inbound business will be from meetings and incentives for our Aerocity property and is being driven by travelers from the Middle East and the United States,” said Kush Kapoor, Chief Executive Officer, Roseate Hotels and Resorts. owned by the Bird Group.

The company also expects significant domestic bookings for weddings, off-site and conferences at its properties. “Domestic demand offset inbound travel and actually increased room rates,” he added.

In the next two quarters, Radisson Hotels expects a higher influx of international travelers to tourist destinations such as Agra and Rajasthan. Zubin Saxena, managing director and vice president of South Asia operations, Radisson Hotel Group, said the company will experience significant growth in most of the markets in which it operates. Inbound tourists should start arriving, in addition to the existing domestic demand, he said, adding. people’s appetite for travel is growing stronger and companies in Delhi, Mumbai and Bangalore will continue to grow with strong occupancy and fares.

Travel partners and agencies at The Taj Hotel & Convention Center in Agra have started receiving bookings from international tourists following a decline in covid-19 cases, fully operational international flights and growing traveler confidence.

“Hopefully, international tourism combined with wedding season sales will pull us out of the loss-making mire the pandemic has thrown us into. Most of the inbound tourists are from the US, Germany and Spain,” said Paritosh Ladhani, joint managing director of Sincere Developers , the company that owns Taj, Agra. Within six months, it expects 30% of its business to come from international traffic compared to around 60% in the corresponding period of FY20.

Hotels in Mumbai and Delhi-NCR are likely to see higher occupancy in the next three months as corporate events, weddings and festive celebrations pick up. Without capacity constraints, Delhi could see a 15% increase in travel demand ahead of Diwali, which is expected to pick up after the festivals as the wedding season begins. Roseate Hotels and Resorts, which has two hotels in Delhi, one luxury and one luxury, is likely to improve occupancy and room rates in the October-December quarter.

Compared to 2019, inbound arrivals are expected to increase by 17% in Delhi and 4% in Mumbai, according to “PULSE: India’s Festive Season Outlook,” a report by travel technology firm RateGain. RateGain processes electronic transactions for travel and hospitality businesses.

Delhi and Mumbai are seeing increased arrivals from all international markets, with traffic from North America estimated to increase by 20% month-on-month through November. The report says that Thailand and Australia are witnessing an average increase of around 15%, followed by Europe at almost 10%.

For Luxury Escapes India, the first inbound travel inquiries come from markets such as the UK and Australia. However, they will likely see a return to pre-pandemic levels of inbound travel towards the final months of 2023. On the other hand, domestic travel remains strong. Given the issues with visa processing times and international airfares, many in India continue to stick to domestic hotspots like Rajasthan, Goa and Coorg for their Diwali holiday plans.

At SOTC Travel, customers now book their vacations 30-45 days in advance. For the month of August, the company surpassed its pre-pandemic numbers with overall growth of 113% and its advance booking position for the festive season is above 20%. Thomas Cook India, to catalyze demand going forward, has introduced special offers for the festive season like ‘Buy One Get One Companion Free’ and early bird offers on different holidays.

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