“It is encouraging to note that the travel sentiment remains strong with Indian travellers looking to raise their travel spend by 15 per cent, despite only 14 per cent of them spending more on travel because they feel more confident about the economy,” said Nikhil Ganju, country manager at TripAdvisor India.
At 33 per cent, New Zealand is the ‘dream’ destination for Indian travellers, closely followed by France (32 per cent) and Switzerland (31 per cent).
“The Indian outbound market has been on an upswing. Even in 2013, when there were reports of a downturn, the total number of Indians travelling abroad crossed 14 million,” said Karan Anand, head (relationships) at Cox & Kings.
Many countries have been putting more money to promote themselves in India including the US, the UK, Poland, Australia, etc. during the past year.
“A foreign holiday has now become non-negotiable for Indian consumers. Despite the doom and gloom predicted due to an election year, our teams are indicating a strong growth of 24 per cent for us,” said Shibani Phadkar, senior vice-president and head (leisure travel outbound) at Thomas Cook India.
Around 95 per cent of Indian travellers are planning to travel domestically - down one per cent from 2013, while 66 per cent are planning to travel abroad, the survey indicated. This also means that Indians are loosening their purse strings more than earlier. On an average, Indians plan to increase their annual travel spend by 15 per cent from $3,264 in 2013 to $3,746 in 2014.
However, Indian travellers' spend would fall behind the average global budget of $6,136 for 2014, as revealed by the TripAdvisor findings. TheTrip Barometer survey by TripAdvisor was conducted among 61,000 travellers and hoteliers around the world, with 890 respondents from India.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)