Trevolution Group, operating ASAP Tickets, Skylux Travel, Oojo, Triplicity, Dreamport, and other major travel brands, reports selling over 54,000 airline tickets to and from India in the first half of 2024, indicating a 46% growth across the market compared to the same period last year. The numbers position India as the top travel destination for international airline passengers in both traditional leisure tourism and visiting-friends-and-relatives (VFR) segment.
• Gross travel bookings, which refers to the total dollar value, generally inclusive of taxes and fees, amounted to 64.46 million USD, indicating a 3% increase comparing to the first six months of 2023 and account for 10.1% of the Group’s total gross profit;
• The number of unique tickets issued reached 54,625, increasing by 45.6% vs. H1 2023;
• Economy class constituted 88.7% of all flight bookings and went up in demand by 50.6%;
• The share of round-trip tickets increased by 11% and amounted to 54.6% of all tickets sold.
For years, India has been a popular hotspot for international travelers and currently, the demand for transpacific flights has soared well above pre-pandemic levels. With growing travel confidence and economic development, outbound tourism has risen significantly.
Increased flight connectivity is driving more international travelers to India, with Hyderabad, alongside Delhi and Mumbai, showing a rapid 31% growth from H1 in 2023. Trevolution Group’s latest business results show that during the past six months Hyderabad contributed to 15% of the total flight tickets sold to and from the largest airports across India.
“India remains a key market for Trevolution Group, consistently demonstrating strong growth in air travel year after year. It was also one of the first markets to rebound to pre-pandemic levels by 2021. With the Indian government’s objectives to boost tourism, as highlighted in the Union Budget, we anticipate even stronger growth in air travel to and from the region in the coming years,” Alex Weinstein, the Founder of Dyninno Group commented.
Over 840,000 unique airline tickets and vacation packages were sold by the companies under the Trevolution Group brand in 2023, making it the fourth-largest airline ticket consolidator in the US.
