India Tourism: Travel demand may increase in next three months, new report says | Tech US News

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Travel demand to and from India could see a jump in the coming months, according to a report by RateGain Travel Technologies, the SaaS provider for the travel and hospitality industry.

The latest edition of RateGain’s ‘Pulse’ report, shared with ET, focuses on the next three months of travel demand to and from India. The latest editions of Pulse reported an increase in travel demand due to pent-up demand in the summer of 2022, and while global bookings are cooling as expected, inbound travel demand in India is likely to see an increase in next three months. months, according to the latest report.

RateGain said the report uses data from the airline’s passenger forecast, which uses demand artificial intelligence (AI) to provide an understanding of actual passenger numbers, source market mix and demand from those markets over the next 90 days. .

The company said the world generated more than $1.4 trillion in tourism revenue in 2019, and all travel figures were compared to pre-pandemic 2019 figures to check the health of the industry.

According to the report, with high vaccination rates in the country and relaxed restrictions, India’s major airports are expected to see higher arrivals than pre-Covid times.

Over the next 90 days, New Delhi is expected to experience a 17% increase in arrivals (international and domestic) compared to the same period in 2019. Similarly, Mumbai is expected to experience a 4% increase in arrivals.

From September, the country’s two largest international air travel hubs, New Delhi and Mumbai, could see a surge in arrivals from all international markets. Arrivals from North America are likely to increase by 20% month-on-month through November. Visitors from Asia Pacific, from destinations such as Singapore, Thailand and Australia, could increase by an average of 15%, while visitors from Europe are expected to increase by 10%.

Visitor numbers from Dubai, Doha and Abu Dhabi in the Middle East could increase by 10% in September, the report said, adding that hotels in Delhi/NCR should plan for “good occupancy” over the next three months as a business. events, weddings and festive celebrations are returning after the brakes of the last two years.

According to the report, with no capacity constraints this year, Delhi is seeing a 15% increase in travel demand ahead of Diwali and will continue to increase due to the upcoming wedding season.

In terms of outbound travel over the next 60-90 days, demand for destinations in Australia is expected to increase significantly in October and November, coinciding with the upcoming ICC T20 World Cup, with Indian arrivals to Melbourne likely to increase by up to 50% in november

Apart from Australia, Indians are flocking to Bali and with Indonesia opening up to international travel after a long time, outbound travel from India is expected to increase in the next three to six months, the report said.

RateGain said its Pulse report is created by analyzing real-time pricing and transaction data from the company’s proprietary data lake that processes more than 200 billion transactions annually collected from major OTAs, hotels, airlines and car rentals .

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