Holiday travel around Christmas, NYE weekend to top 2019 levels
Live MintNA record number of Indians are expected to travel to celebrate year-end holidays, braving higher air fares and room tariffs than pre-pandemic days and congestions at roads and airports, said industry experts. Travel firm Thomas Cook India is witnessing over 250% growth for the Christmas and New Year festive demand than last year and an 85% increase over 2019. Daniel D’Souza, president and country head of holidays, SOTC Travel, a sister concern of Thomas Cook India, said its domestic travel business will see overall growth of 3.7x versus pre-pandemic levels, with over 25% first-time customers, including young Indians. But average room rates across the organised hotel space are expected to rise further, helping hotels maintain healthy revenues to above pre-pandemic levels for the month, hospitality consultancy HVS Anarock, Hotels & Hospitality Overview India, said in a report.