Demonetisation has a short term impact on outbound travel

This is the prime holiday season for all Indians. Soon after Diwali, people start planning for their Christmas and New year holidays. Holiday destinations such as Sri Lanka, Goa, Kerala, Mauritius, Thailand and Andaman are top places for Indian travelers.

But due to Demonetisation, people are just temporarily distracted from their holiday plans. Many people who tend to leave the final reservation till the end are not getting the time from waiting in long bank queues. We at, Trip Tap Toe, believe hopefully this is just a short-term phase where people are occupied in other important activities and once they start getting comfortable with their liquidity issues, they will return to happy travelling with smiles. Transactions through our online portal and App continue to rise as more and more people now look to do their reservations through banking channels.

Lack of access to liquidity can be a concern for inbound travelers as they find it difficult to exchange their currency into Indian Rupees due to limit on exchange allowed. Many domestic travellers continue to use their cards for reservations. Most of the outbound travellers, who were planning a holiday around Christmas had already done the reservations or have simply deferred their holiday plans by few weeks. Corporate travel is not as badly hit because they never use cash to book tickets or hotels and demonetisation will not affect their work-related travel.

About Trip Tap Toe

Trip Tap Toe is an online platform to search, discover and book worldwide hotels, flights, curated itineraries and activities. TTT has global hotel inventory, consolidated from various suppliers and also from their own direct contracting with leading hotels worldwide. Similarly for flights, they part away their commissions as discounts to the end users through their online booking portal. They have a huge data of itineraries & activities on their portal. Users can search, customize & book them as per individual choice.

With the Trip Tap Toe Concierge App, on both Android & IOS, they have already captured the attention of the millennial traveler. It aims to complete the entire travel cycle of discovery- search ? planning ? comparisons ? negotiations & booking through the chat based App. ?Messaging & artificial intelligence are the next big things in travel. Although we are still sometime away from training bots to the best of their intelligence we cannot ignore them? Manuraj adds.

Company :-Crosshairs Communication

User :- Namrata Baid

Email :-namrata@crosshairscommunication.com

Phone :-+91 11 46707024

Mobile:- +91 9899834242