Tourico Holidays reports big jump in India hotel bookings
Leading US based wholesale travel brokerage Tourico Holidays reports a huge surge in business for travel to India.
According to Tourico’s 2017 booking data, there has been a 97% increase in hotel bookings in India compared to the same period a year ago.
European travellers are driving much of this growth with more than double the number of rooms booked so far this year.
The Asia-Pacific region also increased significantly with 53% more bookings while China in particular has doubled year on year.
"India is currently experiencing a boom in travel demand – and with a diversity of source markets increasing their bookings, it’s a safe bet that the country’s tourism industry will experience healthy growth throughout the next decade," said Madhuri Khanna, regional director of product development in Southeast Asia for Tourico Holidays.
"A relaxed e-visa regime and an emphasis on bolstering tourism has India primed to become a major global destination in the years to come."
Tourico’s travel trade partners are also noting robust growth for outbound hotel bookings from India.
Overall, it is up 28% this year.
Hotel bookings from India to the EU were up 20% and by 10% to North America.
"Encouraged by India’s leading GDP global growth rate, a growing middle class, and a millennial age block that is increasingly enjoying more disposable income, the country is rapidly becoming an outbound travel force," said Khanna.
Tourico Holidays has a presence in India with an office in the Executive Center in Gurgaon, Haryana.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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