TravTalk - India

$24 bn more on online bookings

Online bookings in India are projected to rise from 25 per cent to 35 per cent as internet penetratio­n increases from 33 per cent to 50 per cent, according to a latest study by Bain & Company and Google.

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As India’s travel spending is set to grow from $94 billion in travel spending to $136 billion by 2021, around $24 billion (or 57 per cent) of the incrementa­l bookings will

They rely heavily on travel provider websites online (59 per cent) and price comparison websites (51 per cent) for airline and hotel reviews and availabili­ty with a tendency to

Note: Total travel spending in India includes transport & lodging

Sources: Bain, Google, Omidyar report ‘Unlocking Digital for Bharat: $50 Billion Opportunit­y’; World Bank data; Emarketer; Euromonito­r

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