Online travel booking in India is set to offer promising growth opportunities – estimated to see a strong double-digit CAGR in current value terms over the forecast period, mainly due to evolving consumer behaviour in terms of the increasing tendency to carry out online research to better plan a travel itinerary. The ease of accessing travel information online aligns well with such consumer expectations, which is set to benefit bookings via online travel channels in the long run.
Over the forecast period, travel bookings via direct channels, especially for hotels, are poised to benefit from the increasing loyalty initiatives that direct suppliers are creating to attract consumers. About one third of Indian consumers in Euromonitor’s Lifestyles survey 2023 stated that they tend to shop from stores or websites where they can use loyalty cards or membership points.
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Understand the latest market trends and future growth opportunities for the Booking industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Booking industry in India, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Booking
The Booking category includes: Booking Offline, Booking Online including Mobile Travel, Leisure Travel, Business Travel, Travel Intermediaries and Direct Suppliers. It covers point of sale to residents for travel either domestically or abroad.
See All of Our DefinitionsThis report originates from Passport, our Booking research and analysis database.
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