Statistics

Middle class driving outbound

Amsterdam, Singapore, London, Frankfurt, and Melbourne are top five trending destinations that Indian travellers are visiting this summer (June-August 2024), as measured by the change in share of flight bookings, stated a report from the Mastercard Economics Institute. TT Bureau Indian market witnessed a 21 per cent surge in domestic …

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India H1 recovery fast in APAC

Considering the tickets confirmed for international arrivals in the first half of 2023, India is one of the most recovered destinations in the world, according to a report released by ForwardKeys. However, the recovery is still 18 per cent below the pre-pandemic levels. TT Bureau ForwardKeys has revealed that India …

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Tourism key forex earner for India

According to data reported in India Tourism Statistics 2022, brought out by the Ministry of Tourism, Government of India, in 2021, the top 15 countries from which foreign tourists arrived in India included the USA, the UK, Canada, Nepal, and Australia. TT Bureau Due to restriction related to COVID-19, The …

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Summer season ends on high note

As per the air passenger data released by the International Air Transport Association (IATA), total traffic during the month was up 67.7 per cent compared to August 2021. Globally, the air passenger traffic was at 73.7 per cent of the pre-crisis levels. TT Bureau Momentum in the air travel recovery …

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Indians look forward to festive season

The festive season (September to November) has become one of the most eagerly awaited in recent years. After the easing of COVID-19 restrictions, tourism activity is picking up again, as travellers’ desire for new destinations and experiences increases. TT Bureau Ahead of the festival season, tourism activity is picking up …

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Indian aviation facing headwinds

Competition among aviation companies, elevated ATF cost and rupee depreciation to maintain turbulence in the aviation industry. However, near-term revenue growth will be supported by passenger traffic growth, which has seen recovery over the last few months. TT Bureau The Indian aviation industry is witnessing headwinds from the rising fuel …

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Q3 booster for airline industry

With markets reopening in many countries and the travel demand picking up, airline industry breathed a sigh of relief in the third quarter. However, uncertainly looms over the industry keeping in view the emergence of new Covid variant. TT Bureau The financial situation of airline industry improved at the global …

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Looking forward with optimism

In its research, Booking.com reveals a sense of optimism among Indian travellers, fuelling a hunger to embrace the New Normal and get back to experiencing the world in the New Year. Going on a vacation will become a form of self-care in 2022. Booking.com has forecast Indian travellers to make …

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RevPAR down, but investors keen

India’s hospitality industry has witnessed a decline of 52.8 per cent in RevPAR during January to September 2020 over the same period last year due to the impact of the COVID-19 pandemic, according to a JLL report. JLL’s ‘Hotel Momentum India (HMI) Q3 2020’ report, a quarterly hospitality sector monitor, …

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Travel gains momentum in India

In its latest study titled ‘Rethink Travel Global Survey – India insights 2020’, Amadeus decodes ways to re-ignite traveller confidence, while addressing the biggest concerns they have right now, to ultimately ensure that travel continues to be a key driver of global progress, positivity and prosperity. By the end of …

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