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Traveltek Prioritises ‘Booming’ Indian Travel Market

Leading British travel technology developer Traveltek is eyeing opportunities to grow in the Indian travel market, taking advantage of the country’s booming travel sector.

Travolution Asian Summit

The Glasgow-based supplier of selling systems to travel agents and tour operators is supporting this month’s Travolution Asian Summit that will take place in Delhi on January 15.

The event, a first for Travolution, will take place ahead of the major SATTE travel show in the Indian city. It features top drawer speakers from western and Asian markets.

Speakers include Deep Kalra, chairman and group chief executive of Make My Trip, Neelu Singh, chief operating officer of Ezeego, Kei Shibata, chief executive of Venture Republic and Dhruv Shringi, co-founder and chief executive of Yatra.

Cressida Sergeant, Traveltek chief commercial officer, said: “We’re delighted to be supporting the Travolution Asian Summit in New Delhi.

Growth Opportunities

“The growth in the Indian Travel Market is phenomenal so we’re looking forward to the keynote sessions, in particular, which I’m sure will give us some really invaluable insight into the country’s booming market.

“When you consider that the travel sector in India accounted for eight per cent of the total employment opportunities generated in the country in 2017 – some 41.6 million people, according to the IBEF – the size of the potential opportunity for a business like ours can’t be overstated.

“India is also one of the most digitally-advanced nations in terms of the tools being used for planning and booking trips, while India’s rising middle class and increasing disposable incomes has continued to support the growth of domestic and outbound tourism.

“So, it’s the perfect time for us to be prioritising the area in terms of our expansion strategy. Our dynamic packaging booking solution – which is the world’s leading platform – is the perfect fit for travel businesses looking to make the most of the current boom in demand.

“It helps travel companies work faster and more efficiently to boost sales and profits. It also connects the leisure travel industry’s largest network of buyers and sellers worldwide so offers businesses some really significant benefits, that they can’t access elsewhere.

“I’m sure the event is going to be a great success and we’re delighted to be part of it.”