• SENSEX
    NIFTY 50
VIDEOS
Aviation

Restarting India: Will 'revenge travel' accelerate travel and hospitality industry's revival?

Updated : November 02, 2020 04:50:43 IST

Hit the hardest due to COVID-19 and the lockdowns, India’s travel and hospitality industry is pinning its hopes on the festive season to get back on track.

According to data from MakeMyTrip, there has been a spike in flight bookings during the Diwali season, indicating that Indians may be finally ready to take to the skies again. Also, according to the data from the government, over 2 lakh 5 thousand people boarded domestic flights on Sunday; that is around 45,000 more than the passenger tally on the October 25.

So more people are taking to the skies and "revenge travel" is becoming a buzz word. This refers to compulsive travelling by people to beat the boredom brought about by the lockdown.

So what would it take for the travel and hospitality industry to bounce back from the COVID slump? CNBC-TV18’s Shereen Bhan finds out from Ronojoy Dutta, CEO of IndiGo; Puneet Chhatwal, MD & CEO of Indian Hotels; and Deep Kalra, Chairman & Group CEO of MakeMyTrip.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you

Advertisement