TTG Asia
Asia/Singapore Friday, 3rd April 2026
Page 248

Booking.com report suggests India tourism will surpass 2019 levels by 2025

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Booking.com, in partnership with Accenture, has released the second edition of its annual report, How India Travels 2024 – The Inbound Edit, which projects inbound travel to India to surpass 2019 levels by 2025 due to improved infrastructure, new source markets, and rising tourism expenditure.

Speaking at a press conference on report findings on October 9, Santosh Kumar, country head, Indian subcontinent & Indonesia at Booking.com, said India’s infrastructure improvements are enhancing the overall travel experience for international visitors.

Kumar:India’s source markets are evolving, presenting a valuable opportunity to diversify and expand its inbound tourism

“In 2019, India recorded 10.9 million inbound tourist arrivals. We estimate that this year, international tourist arrivals will approach 10.1 million. India will surpass 2019 inbound numbers by 2025,” he remarked.

Earlier, countries like China, Bangladesh and Canada led in terms of searches on Booking.com for travel to India. However, this year, Australia, Italy and the Netherlands are among new markets that have entered in the top 10 source markets by searches.

“We are also observing increased search interest from Central Asia for travel to India, driven by improved direct connectivity. This indicates that India’s source markets are evolving, presenting a valuable opportunity to diversify and expand its inbound tourism,” added Kumar.

Quoting statistics from the ministry of tourism, Booking.com highlighted foreign exchange earnings from tourism have increased, reaching US$15.3 billion in the first half of 2024, a 17.6 per cent increase from 2023 and a 5.5 per cent jump from 2019.

“Across the Asia-Pacific region, India is among the leaders in the recovery of tourism spending, nearing pre-pandemic levels. While we have not fully bounced back yet, 94 per cent of inbound tourism spending has returned to pre-pandemic figures. In comparison, countries like Thailand, Japan, and Indonesia are still trailing behind in terms of tourism spending recovery,” said Kumar.

The study was conducted with a sample of 2,000 adult respondents across 19 countries and territories who intend to travel to India in the next 12-24 months.

GHA puts in “exceptionally strong” performance report for 3Q2024

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Global Hotel Alliance (GHA) has reported continued growth throughout the year, with total hotel revenues rising 15 per cent to reach US$689 million in 3Q2024 and year-to-date revenues standing at US$2 billion. Describing this performance as “exceptionally strong”, the third quarter are saw a 16 per cent increase in room nights, combined with a small uptick in average rate.

In a press release, GHA said one of the key drivers behind its ongoing success is its GHA Discovery loyalty programme, which now boasts a membership of 28.3 million. In 3Q2024, 66.2 per cent of member revenue was generated by international stays: the US, UK, Germany, Australia and China led as top feeder markets, together contributing 26 per cent of total international room revenue.

Hartley: GHA is well-positioned to finish 2024 on a high note

Redemptions of GHA Discovery’s rewards currency, Discovery Dollars (D$), rocketed by an impressive 95 per cent year-on-year in 3Q2024. Given that members can earn and redeem D$ at any property operated by a GHA brand, this activity benefited all 800-plus hotels, evidenced by total cross-brand revenues jumping 31 per cent to US$100.7 million in 3Q2024, bringing total cross-brand revenue for the year to US$276 million.

GHA’s performance report also highlighted that properties in Spain achieved the highest total room revenues across domestic and international stays in that period, followed by those in Thailand, Italy, Singapore, and the UAE respectively.

GHA Discovery members based in the US delivered the most room revenue in the period, 73 per cent of which was spent on international stays. Australian members were very active in the quarter with an almost equal domestic/international split, while members in the UK delivered the third highest room revenue, 84 per cent of which was international.

In terms of top destinations, GHA Discovery members were most drawn to Portugal over the summer months, with members from the UK and Spain being the biggest spenders there. US members favoured Italy, while Australians chose Fiji, Germans preferred the Netherlands, and members from China opted for Singapore.

GHA’s robust 3Q2024 performance was supported by portfolio growth in key global markets. Four new regional brands in Norway, Greece, the UAE and Malaysia with 32 hotels recently joined the alliance, while existing hotel brands continue to open new properties in key destinations around the world.

Chris Hartley, CEO of GHA, said: “As we build on this momentum, we are well-positioned to finish 2024 on a high note, with even more brands and new hotels to be announced before the end of the year.”

Sri Lanka abandons plans to sell national carrier

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Sri Lanka’s new government has abandoned plans to sell the debt-ridden national airline SriLankan Airlines, but will restructure it for a more profitable future.

“President Anura Kumara Dissanayake has instructed that the airline should be an institution that all Sri Lankans are proud of, and should be owned by Sri Lankans,” the airline’s new chairman Sarath Ganegoda told TTG Asia.

New Sri Lankan president Anura Kumara Dissanayake wants the airline to be proudly owned by Sri Lankans

The previous government had invited bids to part-sell and manage the airline that as been suffering accumulated losses over the years.

While the airline has reported an operating profit for the period April 2022 to end March 2023, its accumulated debt is US$1.2 billion. Under the earlier plan, the government was to retain 51 per cent control of the airline while selling off the remaining 49 per cent to investors. Six parties, some who had no experience in running an airline, responded with an initial call for interest but none was pre-qualified for the next step of the process.

Left-leaning politician Anura Kumara Dissanayake from the National People’ Party won last month’s presidential election. He had vowed to stop the sale of state assets which the former regime was pursuing. Dissanayake swiftly dismantled a government unit tasked with the sale of loss-making state agencies including SriLankan Airlines.

Ganegoda said the airline is an important pillar of tourism and responsible for 50 per cent of the tourist traffic into the country. Sri Lanka aims to reach 2.3 million arrivals this year with a target of three million tourists next year and five million by 2030.

He said while the sale of the airline has been stopped, there are plans to restructure the airline under a viable business model. “Some structuring of our operations is needed to strengthen the balance sheet,” he added.

Trends and challenges as China’s outbound market returns

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Alipay+ transactions triple as travellers pay like a local

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Malaysian Tourism Federation calls for efficient budget allocation to further strengthen tourism

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Banwa Private Island shows support for biodiversity conservation through arts and education

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RateHawk launches rail travel booking services

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RateHawk, in partnership with Rail Europe, has introduced a rail travel booking service on its platform, allowing its partners – travel agents, operators, and other industry professionals worldwide – to book rail tickets across various European destinations.

This new service complements the existing travel options already available on RateHawk, which include accommodation, flights, car rentals, and transfers.

Rail tickets across various European destinations are now available to book on Ratehawk

RateHawk’s partners can now book all travel components within a single system. Rail tickets are available across 13 European countries including France, the Netherlands, Hungary, Poland, Belgium, Luxembourg, the UK, Spain, Italy, Switzerland, Germany, Czech Republic, and Austria.

The new initiative streamlines the booking process for travel agents, allowing them to quickly filter options based on client preferences and select the best choices for their clients.

Travel professionals will have the flexibility to book trips using various payment methods, including payments by card, wire transfer, credit limit or overpayments, or by pay-by-link options – travel professionals can even book railway tickets using their credit limit.

Rail Europe’s product portfolio features leading railway carriers across Europe, including Italo in Italy, Renfe and Iryo in Spain, SBB CFF FFS and Rhätische Bahn in Switzerland, ÖBB in Austria, TGV InOui in France, Rail Delivery Group in the UK, Eurostar in France, the UK, the Netherlands, and Belgium, as well as RegioJet in the Czech Republic.

Fredrik Bonnalt, head of non-accommodation supply at Emerging Travel Group, RateHawk’s parent company, commented: “Rail travel offers great opportunities for our partners’ businesses, enabling them to meet customer needs and attract new clients.

“Rail transportation is widely recognised as the most environmentally friendly option, and with many companies prioritising carbon footprint reduction and incorporating Environmental, Social, and Governance initiatives into their corporate travel programs, our TMC partners can greatly benefit from this new booking service.”

Björn Bender, CEO of Rail Europe, added: “This dynamic partnership reflects our shared commitment to offering seamless travel solutions through advanced technology. At Rail Europe, we believe train travel is the best way to explore Europe – not only for its efficiency but also for its positive environmental impact. By empowering travel agents with the best tools to integrate rail services, we aim to make every journey a memorable experience for travellers.”

New eco-friendly experiences at The Westin Resort & Spa Ubud, Bali

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