Is India losing interest in travelling post-Covid pandemic? Here's what this report says
CNBC report. Other than falling trend of travelling in many countries, leisure travelling continues to be popular in countries like China, Mexico, Japan, and Brazil, reported CNBC citing Morning Consult’s “The State of Travel & Hospitality" study published in September. At the global level, the falling interest in travelling in most of the countries can be explained by the fading away of the phenomenon of ‘revenge travelling’.
The term describes, people's behaviour to escape the monotonous routine that was emerged as ‘new normal’ due to the coronavirus pandemic. The data of the study suggests that the pent up demand post pandemic is ending. The reason behind the decline is because the majority of the people who were waiting to take their ‘revenge trips’ have already done so, Lindsey Roeschke, travel and hospitality analyst at Morning Consult told CNBC in an interview.
Tourists from the US and Europe are likely to decrease in the coming time due to the impact of tightening monetary policies on their spending behaviour. The ‘The Morning Consult’ survey is based on interviews conducted monthly from January 2021 and July 2023 among approximately 14,000 total adults in Argentina, Australia, Brazil, Canada, China, Colombia, France, Germany, India, Italy, Japan, Mexico, Russia, South Korea, Spain, the United Kingdom and the United States. Since pandemic, there has been a surge in travelling across the world.
Post pandemic, large number of Indians travelled for leisurely purpose. Last year, more Indians travelled on vacation every month compared to global citizens, found a survey by the Travel Lifestyle Network. The survey said that around 24% Indians took at least one vacation every month."Exciting news! Mint is now on WhatsApp
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