Sounds familiar? Online Travel, which was regarded the domain of the Web ‘geeks’ a decade back, is the new mantra for the World-wide-web savvy generation of these days. Logging on to the Net and accessing the vast pool of sources has come to be the norm of the day.
Right now, the fastest expanding category for B2C e-commerce in India is Travel. From Best Cities in Austria to airlines, hotels to travel packages- practically each segment of the travel sector is seeing a surge in on the internet bookings.
With the global improve in recognition for On the net Travel, Online Travel sales worldwide increased 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 the internet travel in Asia also, is on a roll, estimated to attain $16 billion by 2006 a lot more than double that in 2003.
The exploding globalisation in India has catalysed the speedy expansion of Net connectivity and e-commerce activities throughout the nation. Now, India boasts of an ever-escalating user base whose understanding of the World-wide-web is at par with that of any created nation, boosted by the reality that 68% of the users lie in between the age group 15-30 years.
The emergence of low-price airlines and on the internet ticket booking along with growth in online railway reservation is the crucial in this Web booking boom in India. With the elevated trust in security of credit card transactions and on line payment alternatives, of the 90 percent of the Indians who planned and researched travel solutions via the net, 15-20 % truly booked employing the Web.
The travel industry is cashing on this growth with dedicated e-commerce portals that enable prospects to make on-line bookings and payments for hotel rooms, air tickets, car or truck rentals as effectively as vacation packages.
Interactive methods like search tools targeting a number of airlines and variable airfares allow travellers to zero in on the great flight, coupled with search engines for sifting by way of the significant array of hotels and booking alternatives, are a great lure for the customers, along with the last minute bargains and tempting discounts that have turn into an integral component of the world wide web shopping.
The on line travel right now, brings together the greatest of technologies and interactivity, and comprehensive business network in a 1-quit option that drives down charges- all just a handful of clicks away.
Of the 38.5 million people today logged-on in India, the Travel sector accounts for over 23% of web purchasing 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 directly involve themselves and control their travel alternatives, producing Online Travel Shopping in India the most desired pre-departure tool of the day.