Indians spend more on hotel stay than EuropeansApril 13th, 2011 - 8:44 pm ICT by IANS
New Delhi, April 13 (IANS) Indian travellers were the sixth largest spenders in hotels overseas in 2010, ahead of countries such as the United Kingdom, France, Germany and Singapore, according to a study by a leading hotel booking website.
On an average, Indians spent Rs.6,722 (about $152) per night while travelling overseas in 2010, compared to Rs.4,136 while travelling within the country, as per the hotel price index compiled by Hotels.com.
However, Indians were also one of the most value-conscious when it came to travelling within the country and were at 12th position in spending on room nights for domestic travel.
“Strong economic growth over the past decade has meant that there are many more Indians with a lot more disposable income. Thus the Indian travellers are emerging as a high spending addition to the world travel market,” said Abhiram Chowdhry, marketing director for Asia Pacific at Hotels.com.
According to him, Indians are “more than willing to spend more than many others on their holiday experiences”.
New York kept its place as the most expensive overseas destination for Indian travellers after a 7 percent rise took the average nightly rate in the big apple to Rs.11,686.
This was driven by a combination of factors, including the recovery in domestic and business demand in the US and the strength of the dollar.
Hotel rents in Singapore too showed a big increase with the average prices going up 26 percent on a year on year basis in that city.
However, there were still some great value destinations for travellers who were prepared to shop around as Bangkok witnessed the biggest price fall from Rs.4,557 in 2009 to Rs.4,015 in 2010.
Americans continued to be the biggest spenders when they travel abroad according to the Hotels.com index, spending Rs.7,309 a day on average.
Singaporeans spend about 38 percent more at home than while travelling abroad.
Similarly South Africans are the most savvy spenders on international trips paying about 38 percent less for hotel rooms abroad than while travelling within their country.
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Tags: asia pacific, business demand, disposable income, dollar hotel, domestic travel, europeans, hotel booking, hotel price, hotel rents, hotel stay, indian travellers, indians, leading hotel, nightly rate, overseas destination, price index, south africans, spenders, strength of the dollar, world travel market