
8 years, 11 months ago
Technology, young demography changing travel dynamics
Live MintMany Indians view travel as a necessity. Over the past year, it has launched various retail-focussed products, including foreign exchange and holiday apps, prepaid currency card, and a savings account. Abraham Alapatt, president and group head-marketing, service quality, financial services and innovation, Thomas Cook India, talks about how technology is shaping the travel sector and what is changing the mindset of the Indian traveller. The Indian consumer increasingly views travel as a necessity, often opting for 2-3 short breaks along with a long leisurely vacation per year. Further, the impressive growth in outbound Indian travellers has made India one of the largest outbound travel markets globally.
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