September 29, 2022

India’s travel and hospitality sectors see signs of recovery

India’s travel and hospitality sectors, which were hit hard during the Covid-19 pandemic, are showing signs of recovery after restrictions were lifted following a drop in coronavirus cases.

Both industries have suffered crippling blows due to travel restrictions and their high-touch nature.

Online travel service provider EaseMyTrip said it has seen an increase of up to 50% in advance flight ticket bookings for the upcoming summer period and the long weekend starting on Good Friday, a reported the Press Trust of India.

Citing its own data, EaseMyTrip also said it had seen “a 20-30% increase in international travel bookings for the months of May and June, with a significant increase in the number of people traveling for longer vacations”.

Online travel booking platform Cleartrip said the United Arab Emirates, the Maldives and Thailand were popular destinations for the upcoming summer season.

India resumed regular international flights on March 27 after a nearly two-year hiatus. India banned all passenger flights in March 2020 to curb the spread of coronavirus. Although it resumed domestic fighting two months later, international flights remained suspended due to the heavy workload in various countries.

Hotel reservations

EaseMyTrip also claimed that there was a 60% increase in hotel bookings for the long weekend from April 15 to 17, compared to the corresponding period last year. “The average length of a hotel stay for the long weekend has increased from three days to five days,” he added.

The company said revenge travel – after pandemic restrictions eased – had been a major factor behind the surge in bookings. He also said long weekends are now becoming the new trend and many travelers are opting for group and family trips over solo vacations.

There has been strong growth in international leisure travel with destinations such as Dubai, the Maldives, Thailand and the United States in high demand.

Online hotel booking platform Oyo said it received the highest number of bookings so far in 2022 during the festive weekend of April 8-10. The promoted company SoftBank said it received more than 310,000 reservations during the period.

Oyo officials say they expect even better turnout over the current weekend. Oyo Senior Vice President Shreerang Godbole told the Press Trust of India: “Travel optimism is at an all time high across the country.

“As restrictions are eased and air travel bans are lifted, travelers are eager to celebrate festivals with loved ones, head out on summer vacations and make the most of their long weekends.”