Evolving travel trends and the state of the tourism industry in the pandemic
A recent survey by Nasscom indicated the impact of Covid-19 on India's startup ecosystem, and found out that nearly 70 per cent of the startups will only be able to last for around three months. Looking at how badly the travel industry has been impacted, many of these startups are likely to be a travel startups.
"Stepping ahead into an uncertain future, the travel startup ecosystem is preparing for the new era of travel where everything will be changed and brand-new. Businesses will need to be prepared today for tomorrow's travellers, and innovation is truly the need of the hour in order to meet the standard needs of quality travel. We cannot say for sure when it will all re-start but we need to be prepared for the future of travelling. Many travel startups are trying to bring changes into their business models and rethinking the way they used to function," Pritesh Khare, CEO, India Voyage, a travel startup told IANSlife.
He added that these changes are permanent only till the vaccine arrives. "We might also see hike in the prices of accommodation, food, transportation because of the market gap and the Covid security innovations and precautions. Also the hygiene factor that used to be on the least priority would be on the top most priority be it international or domestic travelling."
Here is how he thinks the industry will change post the containment of the virus:
Local Travel over International Travel
In future people might only want to travel local keeping in mind its shorter distance hence making it a safer choice for them. In fact even the aviation industry would consider offering a different kind of seat choices which might be limited than what it used to be pre-Covid. International travel will be more expensive, hence people will choose to travel local.
Rural Tourism over Cities
Road Trips over Local Transport
Travel industry as a whole needs to navigate through its possibilities, restoring the economy of the travel industry into place.
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