Fewer restrictions to drive travel demand

NEW DELHI : With the lifting of restrictions on international travel, the leisure and travel industry expects a greater influx of international tourists, as well as an increase in domestic travel.

“We expect a 10-15% increase in revenue, including from inbound travelers in the October-December quarter, considering international travel rules have been relaxed. While we do not see inbound tourism contributing significantly to leisure bookings as it did in pre-pandemic times, the increase in inbound business will come from meetings and incentives to our Aerocity property and is being driven by travelers from the Middle East and the US. in the US,” said Kush Kapoor, CEO of Roseate Hotels and Resorts, which is owned by the Bird Group.

The company also expects significant national bookings for weddings, off-site and conferences at its properties. “Domestic demand has offset incoming travel and has actually pushed up room rates,” he added.

In the next two quarters, Radisson Hotels expects an increased influx of international travelers to tourist destinations such as Agra and Rajasthan. Zubin Saxena, managing director and vice president of operations, South Asia, Radisson Hotel Group, said the company will see significant growth in most markets where it operates. Incoming tourists should start arriving, in addition to existing domestic demand, he said, adding that people’s appetite to travel is getting stronger and businesses in Delhi, Mumbai and Bangalore will continue to grow with strong rates and occupancies.

Travel partners and agencies at The Taj Hotel & Convention Center in Agra have started taking bookings from international tourists following a decline in covid-19 cases, fully operational international flights and growing traveler confidence.

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“Hopefully, international tourism combined with wedding season sales will get us out of the loss quagmire that the pandemic has thrown us into. Most of the incoming tourists come from the US, Germany and Spain,” said Paritosh Ladhani, deputy general manager of Sincere Developers, the company that owns Taj, Agra. Within six months, he expects 30% of his business comes from international traffic compared to around 60% in the corresponding FY20 period.

Hotels in Mumbai and Delhi-NCR are likely to see higher occupancy in the next three months as corporate events, weddings and festive celebrations pick up. Without restrictions on capacity, Delhi could see a 15% increase in travel demand ahead of Diwali, which is expected to rise after the festivals when wedding season kicks off. Roseate Hotels and Resorts, which has two hotels in Delhi, one exclusive and one luxury, is likely to improve occupancy and room rates in the October-December quarter.

According to ‘PULSE: India’s Festive Season Outlook’, a report by travel technology company RateGain, compared to 2019, incoming arrivals are expected to rise 17% in Delhi and 4% in Mumbai. RateGain processes electronic transactions for travel and hospitality companies.

Delhi and Mumbai are seeing an increase in arrivals from all international markets, with traffic from North America estimated to increase by approximately 20% per month through November. The report says that Thailand and Australia are seeing an average increase of around 15%, followed by Europe with almost 10%.

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