Online Travel Buying: 4.8 Million And Counting
Sounds familiar? On-line Travel, which was considered the domain of the Web ‘geeks’ a decade back, is the new mantra for the Web savvy generation of currently. Logging on to the Net and accessing the vast pool of resources has come to be the norm of the day.
These days, the fastest increasing category for B2C e-commerce in India is Travel. From railways to airlines, hotels to travel packages- practically just about every segment of the travel sector is seeing a surge in online bookings.
With the worldwide enhance in popularity for On the net Travel, On the web Travel sales worldwide enhanced by as a great deal as 34% from 2004 to 2005 and reached $62 billion in the US markets and $31.1 billion in the European markets. On www.bestsurfdestinations.com/yoga-retreats-portugal in Asia too, is on a roll, estimated to reach $16 billion by 2006 far more than double that in 2003.
The exploding globalisation in India has catalysed the rapid expansion of Internet connectivity and e-commerce activities throughout the country. These days, India boasts of an ever-increasing user base whose understanding of the World wide web is at par with that of any created nation, boosted by the fact that 68% of the customers lie amongst the age group 15-30 years.
The emergence of low-price airlines and on the internet ticket booking along with development in on-line railway reservation is the crucial in this Online booking boom in India. With the enhanced trust in security of credit card transactions and on-line payment choices, of the 90 percent of the Indians who planned and researched travel selections via the internet, 15-20 % actually booked making use of the Web.
The travel sector is cashing on this development with devoted e-commerce portals that allow clients to make online bookings and payments for hotel rooms, air tickets, automobile rentals as nicely as vacation packages.
Interactive approaches like search tools targeting a number of airlines and variable airfares permit travellers to zero in on the ideal flight, coupled with search engines for sifting by way of the massive array of hotels and booking possibilities, are a fantastic lure for the customers, along with the final minute bargains and tempting discounts that have come to be an integral part of the world wide web shopping.
The on line travel nowadays, brings with each other the very best of technology and interactivity, and in depth industry network in a a single-stop solution that drives down costs- all just a couple of clicks away.
Of the 38.five million folks logged-on in India, the Travel industry accounts for over 23% of web shopping in India, which translates into a whopping four.eight million Indian users who venture for the On the web Travel.
This acceleration accentuates the travellers’ preference to straight involve themselves and manage their travel selections, creating On the internet Travel Buying in India the most preferred pre-departure tool of the day.