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'Indians - Kings of last-minute travel bookings' - The Hindu BusinessLine

'Indians - Kings of last-minute travel bookings' - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Travel News - India's hotel bookings recover with the news of the vaccine; records 15% higher bookings YoY in December: RateGain

Saturday, 23 January, 2021, 11 : 00 AM [IST]
Indiaâs hotel bookings recover with the news of the vaccine; records 15% higher bookings YoY in December: RateGain
By TBM Staff | Hyderabad
RateGain Technologies, a SaaS company for travel and hospitality, recently mapped the latest as well as emerging trends in the post-pandemic travel & hospitality landscape in India in the second edition of its PULSE report. In the first edition of the report, the company had focused on travel trends in the US after the presidential election and thanksgiving weekend.
With the long wedding season behind us, Indians of all age groups have begun moving out of cities, filling flights to almost 100% capacity to domestic destinations as International travel was mostly restricted to UAE. ....

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India ranks fifth in hotel recovery worldwide - The Hindu BusinessLine

India ranks fifth in hotel recovery worldwide
Sangeetha Chengappa |
Updated on
Bengaluru, December 17
India, which ranked last in weekly average recovery rate for hotel bookings among 16 tourism markets worldwide in the week ending August 9, has made a sharp recovery to fifth place in the week ending December 13, driven by optimistic domestic travellers. The top four markets are China, US, UAE and Mexico.
Hotel bookings surged from 20 per cent in the week ending August 9 to 47 per cent at present, sustained by demand for domestic travel, as per booking trends observed by RateGain, a travel and hospitality technology provider that works with 2.5 lakh hotels globally. RateGain has customers in 110 countries, including Marriott, Wyndham, Hyatt, Lemon Tree, Royal Orchid, and OYO. ....

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