Summary:

India's travel industry is thriving, with reservations up 25% this monsoon season. Discounts and promotions from airlines and hotels are driving this increase. Hotel prices have dropped by 20-40%, with rates in Goa ranging from $167 to $323 per night, Kerala from $143 to $538, and Coorg from $239 to $383. Nikhil Sharma of Radisson reports a 9% rise in demand for July.

Mr. Daniel Dsouza, President of SOTC Travel, noted a 20% increase in demand for international destinations offering visa-on-arrival, such as Bhutan and Sri Lanka. In India, Kerala and Karnataka are popular for unique events, while Lonavala, Udaipur, and Jaipur lead in Booking.com searches. According to the Mastercard report, Indian airports saw 97 million passengers in the first quarter of 2024, with domestic travel up 21% and international travel up 4%. Leading summer destinations include Amsterdam and Singapore.

Source: IBEF 

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