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59% Indians opting vocal approach for budgeting summer getaways; seeking best deals: Skyscanner

Skyscanner, a global travel marketplace, released new research findings yesterday. The study shows that budget-conscious travelers in India eagerly prepare for summer adventures and search for great value deals.

With #loudbudgeting gaining popularity worldwide, 59% of Indian travelers are now more vocal about their budgeting plans for summer getaways. 

According to Skyscanner’s research, conducted with OnePoll, over 78% of Indian travelers plan to travel this summer, but 39% have not booked yet. The main reasons for this delay are indecision about dates (51%) and destinations (50%). Indian travelers are focused on finding the best bargains, with 47% actively looking for deals and 20% waiting for last-minute offers.

To help travelers save, Skyscanner has launched the ‘Savings Generator,’ a money-saving tool for Indian travelers planning their summer trips. Given the current trends, the Savings Generator can assist travelers in finding the best deals on flights and maximizing their travel budgets.

Skyscanner’s data experts analyzed thousands of data points to help travelers stretch their money further this year. The Savings Generator shows the average monthly prices and highlights the best times to book for popular destinations. It also suggests cheaper alternative destinations.

Skyscanner has identified the best weeks for budget-friendly travel to top destinations this summer. Abu Dhabi, UAE leads the list, with flights averaging INR 22,878 during the week of July 13. London, UK, is a close second, with flights averaging INR 63,555 during July 20. Almaty, Kazakhstan, and Ho Chi Minh, Vietnam, offer affordable options the same week, with flights averaging INR 18,007 and INR 15,783, respectively. Frankfurt, Germany, offers a great deal during the week of July 6, with flights costing around INR 54,025.

The ideal booking window varies for travelers seeking the best value deals this summer. Generally, booking about 16 weeks (around three and a half months) in advance for flights departing from India in July is recommended. However, Skyscanner’s Savings Generator offers tailored analysis based on specific destinations and departure months.

Drawing insights from millions of flight bookings over the past 18 months, Skyscanner’s Savings Generator highlights that the best booking time depends on the route and the month of travel. For instance, those planning a trip from Mumbai to London in August should book about three weeks ahead, securing flights at an average price of INR 68,122. Similarly, travelers from Mumbai to Denpasar in August can find the best deals by booking around three weeks in advance, with flights averaging INR 33,849.

The insights also reveal that 20% of Indian travelers wait for last-minute deals before booking summer trips. Only 44% of Indian travelers believe they can find a deal for less than INR 25,000 this year. Skyscanner’s Savings Generator provides a handy snapshot of how prices vary around the best booking times for popular routes this summer, helping travelers quickly identify the lowest prices.

“Forget travel myths and outdated advice – there are hidden savings just waiting to be discovered that most people are not aware about. At Skyscanner, we‘ve crunched massive amounts of data to uncover these secrets – not based on rumours but on real travel behaviour and demand. That’s why we created the Skyscanner Savings Generator. This tool empowers you to see average monthly prices and pinpoint the cheapest times to book for top summer destinations,” said Mohit Joshi, Travel and Destination Expert at Skyscanner.

“When searching for the right price, we know how powerful being informed is, so Skyscanner’s tools are designed to enable travellers to feel confident when they book. Beyond the Savings Generator, signing up for Skyscanner Price Alerts also keeps you informed about any price fluctuations for your dream destinations. This way, you’ll be the first to snag those amazing deals!” added Joshi.

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BRL Editor
BRL Editor
Business Review Live covers finance, technology, travel, lifestyle, and everything in between through exclusive interviews and analysis, market statistics, digital video, and an expanded array of content formats.