The anticipation of the Cricket World Cup has sparked a surge in travel demand in India. By raising rates and expanding inventory, companies look to cash in on the cricket frenzy.
RateGain’s got almost everyone in the industry in its pocket, with 25 of the top 30 OTAs and 23 of the top 30 hotel chains in the world as its customers. It's no surprise that revenues have been growing at a fast clip.
European destinations have predictably missed out on being included in the list of preferred outbound travel choices from India for the summer. Retrograde visa policies have effectively ensured that these destinations lag behind in the competition to attract Indian travelers.
India must increase investment and leverage public-private partnership models to build on its niche tourism offerings — such as medical, wellness and spiritual tourism — to attract more international tourists.
Three years on from the global pandemic, clearly, the travel sector in the Middle East has transformed. The region didn't let the Covid crisis go to waste.