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Inflation has not dented travel demand: Turkey, Jordon, Thailand see biggest surge despite soaring prices

NEW DELHI: Travel demand continued to stay strong globally throughout May even in the wake of high inflation and an anticipated global slowdown due to lockdowns in China as well as the ongoing conflict in Europe, according to RateGain Travel Technologies’ latest PULSE report.
The report shares insights by analysing demand from over 1,91,000 hotels as well as monitoring future travel demand from over 60 cities.
Even in India, monthly bookings grew with tourist destinations up north as well as down south attracting more bookings, as families stepped out during the annual summer break for the first time in two years.
While hill stations were already witnessing a spike of 100-150% in April as per the last report, the same destinations are now witnessing a growth of 50-60%. This is in stark contrast to last year when India was under the grip of a deadly second wave of coronavirus.

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