Long Weekend Brings Cheer To Hotels, Travel Firms As Demand Picks Up

The ongoing long weekend has turned out to be a bright spot for the tourism sector. Travel

have seen a pick-up in demand over the previous month.

In the first two months after the easing of lockdown restrictions by the end of May, most bookings were for a one-way journey, as people mostly travelled for essential purposes.

Now, travel and airline executives say that leisure demand is slowly returning, with an increase in bookings to popular weekend gateways this weekend.

“For the long weekend, we are noticing some leisure demand and better loads, which have been probably triggered because of the gradual streamlining of quarantine requirements and travel restrictions in most places across the country. Challenges around international travel in current times and a lack of scheduled services are also contributing factors. However, we have to closely observe, over a period of time, to find out if this is sustained trend,” said a spokesperson.

said it was now operating 100 daily flights ( 50 per cent of its pre-Covid capacity) and would be increasing this number to 110 this weekend onwards. IndiGo, too, is operating around 800 flights, which is over 50 per cent of its pre-Covid schedule, and its capacity deployed has increased by 15 per cent over the past month.

While airlines are seeing improved demand and industry-wide seat occupancy has increased to over 60 per cent, it is road trips which are generating higher traction.

Booking trends for long weekends, according to Yatra.com, show that customers are also choosing homestays or four- star and five-star accommodations, as hygiene and safety is a priority now.

“Over the long weekend, we expect 40 per cent higher check-ins in comparison to bookings made for weekend gateways in August. Within this segment, more than 70 per cent of the bookings are for drivable destinations or to places within 400 kms from the home city.

Goa, Shimla, Missouri, Nainital, Manali, Coorg, and Rishikesh have been high on the consideration list of travelers looking for a break over the long weekend,” said Vipul Prakash, chief operating officer of MakeMyTrip.

“We are all sold out this weekend,” said Vibhas Prasad, director of Leisure Hotels, which has properties in Nainital, Corbett National Park, Haridwar, and other places.

“After the state governments lifted travel restrictions, our properties have seen a sharp demand pick-up. On average, occupancy on the weekends in the current month is expected to touch 60-64 per cent, which is almost double of what it was in September,” Prasad said.

Another trend coming to the fore is customers opting for alternate accommodations. Booking.com said it had simplified its search experience and introduced filters for customers looking for private accommodation and properties that have implemented health and safety measures. The portal has also introduced weekly and monthly rate plans after search trends revealed that travelers are increasingly looking to stay in a single place for longer.

“Besides key metros, top-booked destinations by travelers within India from October 1-31 are Lonavala, Jaipur, Gurugram, Rishikesh, Digha, and Manali,” said Ritu Mehrotra, country manager — India, Sri Lanka, and Maldives at Booking.com.

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, October 02 2020. 19:13 IST

RECENT NEWS

The Battle For Depositors: US Lenders Ramp Up Efforts Amidst Rate Uncertainty

In the competitive landscape of the US banking sector, retaining depositors is paramount for lenders seeking to maintain... Read more

Beyond Capital: Unveiling The Complexities Of Bank Failure Prediction

In the realm of banking, the ability to predict and prevent failures is paramount for financial stability and consumer c... Read more

Central Banks And The Economic Horizon: Steering Through Uncertaintie

In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more

Transforming Financial Operations With Robotic Process Automation

Author: Ricardo Goulart                           ... Read more

The Role Of Machine Learning In Fraud Detection

        Author: Gerardine Lucero                  &nbsp... Read more

Principles Of Islamic Banking And Finance

When it comes to banking, a significant new contender has entered the ring. The principles of Islamic banking and financ... Read more