Over 70% willing to spend ₹10,000/person on travel during Nov-Dec: survey

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New Delhi: A new study shows that high vaccination rates and a low number of COVID-19 infections have boosted consumer confidence in travel. according to Consumer Confidence (Travel) Report 3.0In a travel survey conducted by InterMiles, the loyalty and rewards program, about 95% of respondents installed travel plans during November and December 2021. The survey saw around 2,300 people participating and was conducted in October.

The company said that with millennials choosing to invest in experiences rather than assets, more than 70% of those surveyed would like to spend more than NS10,000 per person per trip. About 15% are willing to untie more wallet chains and spend more NS50,000 (per person only while travelling.

Travel providers generally consider the festival period and the end of the year to be the second busiest season for travel, after the summer holidays. It is estimated that religious ceremonies and end-of-year celebrations play a major role in increasing these numbers. The survey added that only a small percentage (5%) of respondents were keen to stay indoors during this time.

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Much of this is due to the tedious procedures of working from home and the lack of separation between personal and professional life. Indian travelers are keen to stay away from their homes, which are also doubling as their office now, according to the survey.

About 34% of survey respondents said they look forward to traveling because they want to beat the stress of working from home by connecting with nature. Staying at home reignited the need for some adventure in 23% of respondents, with a desire to travel to explore new domestic (14%) and international (9%) destinations.

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“The world of travel and tourism has a new order, after a pandemic. With the spotlight now on consumers and their rapidly evolving care, it is important to understand what gets them moving, where their inhibitions lie and what their expectations are. Focusing on the consumer is the only way forward, you agree industry,” a company spokesperson said.

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