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Online – Traveldaayri https://traveldaayri.com Traveldaayri Fri, 08 Mar 2024 23:24:11 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.4 Female enrollment in online skill training soars by 101% over 5 years, ET TravelWorld https://traveldaayri.com/adventure-travel/female-enrollment-in-online-skill-training-soars-by-101-over-5-years-et-travelworld/ Fri, 08 Mar 2024 23:24:11 +0000 https://traveldaayri.com/adventure-travel/female-enrollment-in-online-skill-training-soars-by-101-over-5-years-et-travelworld/ [ad_1]

<p>Picture used for representation.<br /></p>
Picture used for representation.

Internshala Trainings, the leading skilling platform of Internshala, has released a comprehensive report showcasing a remarkable 101 per cent surge in female enrollment in online certification courses over the past five years. This insightful report delves into the evolving landscape of female participation in skill development initiatives, shedding light on the growing enthusiasm and determination of women across India to acquire new competencies in the fast-paced digital era. Notably, in the past year, women accounted for 42.6 per cent of all e-learners.

The report unveils a diverse array of skill preferences among women, with courses in Web Development, Digital Marketing, and Advanced Excel emerging as the most sought-after, constituting 14 per cent, 11 per cent, and 7 per cent of enrollments respectively in the past year. Additionally, there is substantial interest in courses such as Programming with Python, General Aptitude, Financial Modeling and Valuation, Data Science, Human Resource Management, Machine Learning, and UI/UX Design, showcasing a wide diversification of skill sets among female learners.

An insightful analysis of the motivations driving women’s pursuit of online skilling courses reveals nuanced aspirations. While 52 per cent aim to enhance their employability prospects by seeking internships or job opportunities, 32 per cent are driven by a desire to acquire new skills and stay abreast of industry advancements. Moreover, 9 per cent enroll in courses with the specific objective of obtaining certification to validate their abilities and competencies in the competitive job market.

The report also underscores a significant geographical distribution of women participants, with Tier-1 cities like Delhi-NCR, Mumbai, Hyderabad, Bangalore, Pune, Kolkata, and Chennai leading in enrollments. However, a notable trend emerges as 59 per cent of women enrolling in skill trainings hail from Tier-2 and Tier-3 cities, underscoring the accessibility of skilling opportunities offered through online learning across urban and rural landscapes.

Women seeks offbeat international destinations 2.5x more: Scapia report

According to insights from the travel fintech platform Scapia, women travellers have embarked on an average of two trips in the last six months, with nearly 56 per cent of all bookings made by women being for solo travel. Scapia’s data highlights intriguing destinations worldwide that captivate Indian female travelers’ interests.

Of particular interest, the report identifies a surge in women’s enrollment during the summer months of May, June, and July, indicating a proactive utilization of leisure time for self-improvement and skill enhancement. This trend reflects women’s steadfast commitment to personal and professional growth. Additionally, the completion rate of online trainings among women was recorded at 50.4 per cent, with an average of 43 minutes spent on e-learning every day.Commenting on the release of the learning trends report for women e-learners, Sarvesh Agrawal, Founder and CEO, Internshala Trainings, remarked, “The significant increase in women pursuing online certification courses underscores their unwavering commitment to personal and professional growth. Women are actively recognizing the value of lifelong learning to keep pace with rapidly advancing industry demands. It is truly inspiring to witness their determination to acquire new skills and adapt to technological advancements and evolving work-specific skills.”

  • Published On Mar 8, 2024 at 04:33 PM IST

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Yatra Online reports 23% year-on-year revenue growth in Q3 FY 23-24, ET TravelWorld https://traveldaayri.com/adventure-travel/yatra-online-reports-23-year-on-year-revenue-growth-in-q3-fy-23-24-et-travelworld/ Thu, 15 Feb 2024 11:52:32 +0000 https://traveldaayri.com/adventure-travel/yatra-online-reports-23-year-on-year-revenue-growth-in-q3-fy-23-24-et-travelworld/ [ad_1]

Yatra Online, leading corporate travel services provider and a prominent player in the online travel sector, has announced robust financial results for the third quarter of the fiscal year 2023-24. With a 23 per cent year-on-year increase in revenue, the company continues to strengthen its position in the market despite facing certain operational challenges.

The consolidated financial performance for Q3-FY24 reveals a significant growth in revenue from operations, amounting to INR 1,103 million, marking a 23 per cent increase compared to the same period last year. However, the Earnings Before Interest, Taxes, Depreciation, and Amortization (EBIDTA) showed a decline of 25 per cent year-on-year, standing at INR 48 million. Adjusted EBIDTA also experienced a decrease of 11 per cent, amounting to INR 100 million. Nonetheless, the net profit surged impressively by 119 per cent year-on-year, reaching INR 11 million.

Operational highlights for the quarter indicate a robust performance in Yatra‘s domestic air passenger segment, witnessing a remarkable growth of 26 per cent year-on-year, outpacing industry growth by a significant margin. This growth underscores the company’s effective strategies in capturing market share and solid brand recognition. Gross bookings also saw a healthy increase of 18 per cent year-on-year, totaling INR 18,605 million.

Despite challenges posed by muted business travel spends across certain sectors, Yatra continued to expand its corporate client base. The quarter saw the addition of 26 new corporate accounts, with a total annual billing potential of INR 2,237 million. Notably, subsequent to the quarter’s end, Yatra secured partnerships with prominent entities, including one of India’s largest banks and a leading pharmaceutical company.

EaseMyTrip continues strong fin performance with 18.1% jump in revenue; PAT up by 9.5%

Company’s EBITDA reached INR 653.7 million, up by 10.9 per cent year-on-year. Also, there were 3.8 Lacs hotel night bookings and 7.7 Lacs in the other bookings. Following a successful quarter, EaseMyTrip also acquired a stake of approximately 13 per cent in ECO Hotels and Resorts and signed a Memorandum of Understanding with the Government of Uttarakhand.

Dhruv Shringi, Whole Time Director & Chief Executive Officer, Yatra Online, expressed pride in the company’s strong performance during the December quarter. He attributed the robust growth in the air passenger segment to Yatra’s brand recognition and effective market strategies. Additionally, Shringi highlighted the company’s continued focus on expanding its corporate clientele and enhancing shareholder value.In a bid to fortify its market position and express gratitude to shareholders, Yatra recently launched the Yatra Prime membership initiative. This program aims to enhance travel experiences for shareholders by offering value-added benefits and convenience.

Despite certain headwinds in the operating environment, Yatra said it remains committed to seizing growth opportunities and ensuring sustained upward momentum.

  • Published On Feb 15, 2024 at 04:32 PM IST

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Top online booking channels hold strong in India’s booming travel economy, ET TravelWorld https://traveldaayri.com/adventure-travel/top-online-booking-channels-hold-strong-in-indias-booming-travel-economy-et-travelworld/ Fri, 05 Jan 2024 11:01:30 +0000 https://traveldaayri.com/adventure-travel/top-online-booking-channels-hold-strong-in-indias-booming-travel-economy-et-travelworld/ [ad_1]

In a recent revelation by global hotel technology giant STAAH, leading travel platforms GoMMT (MakeMyTrip), Booking.com, and Agoda have maintained their supremacy in India’s rapidly growing travel economy. The report highlights the dominance of these channels, emphasising their strategic positioning to capture a significant share of the expanding Indian travel and tourism market.

GoMMT, the owner of Goibibo and MakeMyTrip, has secured the top spot for the sixth consecutive year, showcasing its unwavering influence in the Indian subcontinent. Booking.com and Agoda retained their second and third positions, consistently holding their ground from the previous year.

TravelGuru exhibited notable growth by climbing two spots to secure the fourth position, while Expedia slightly receded to the fifth spot in the ranking.

Shoaib Ali, National Sales Head, STAAH, commented on the significance of these online booking channels, stating, “With their huge reach in the Indian subcontinent and beyond, these online booking channels are well placed to capture their share of the burgeoning Indian travel and tourism market.”

According to reports from Sabre and McKinsey, domestic travel in India has already surpassed pre-Covid levels, and international trips are expected to witness significant growth, projecting an increase from 13 million in 2022 to 80 million in 2040.

STAAH SwiftBook booking engine secured the sixth position, showcasing its continued relevance and year-on-year revenue growth. Shoaib emphasised that despite the resurgence of Online Travel Agencies (OTAs), travellers have shown a sustained inclination to book directly with hotels.

“STAAH’s continued presence in the top 10 online booking channel list is representative of this trend,” added Shoaib.

Connected Trip Vision: Booking Holdings' COE in Bengaluru signals new era in travel experience with investment worth $250 mn

Mathias Schmid, Senior Vice President, Trip Division, Booking.com provided deeper insights into the company’s vision and the role of the new COE in an exclusive interview with ETTravelWorld. For the Indian market, this translates into scaling the attractions business and adding more relevant products to cater to the unique preferences and travel patterns of Indian users.

Highlighting the resurgence of business travel post-Covid, Global Distribution System (GDS) has reentered the top 10 channels. STAAH GDS and WebBeds secured the eighth and tenth positions, respectively, reflecting the strong demand from the business travel segment. HRS, an online booking portal specialising in business travel, also maintained a position in the top 10 list.Airbnb, the popular online marketplace for short-term and long-term rentals, retained its seventh position, further underlining its influence in the Indian market.

STAAH’s data, representing over 19,000 properties across 90 countries with 350+ integrations, suggests that accommodation providers are adopting a holistic commerce strategy to attract the right guests at the right time. Shoaib concluded, “New and established online channels are making the distribution mix, allowing accommodation providers to be booked according to evolving seasons and updated traveler preferences that span multiple channels.”

  • Published On Jan 5, 2024 at 02:30 PM IST

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Trust issues hold Indians from booking online holidays, ET TravelWorld https://traveldaayri.com/nature-destinations-travel/trust-issues-hold-indians-from-booking-online-holidays-et-travelworld/ Sun, 24 Sep 2023 18:41:01 +0000 https://traveldaayri.com/nature-destinations-travel/trust-issues-hold-indians-from-booking-online-holidays-et-travelworld/ [ad_1]

<p>Representative Image</p>
Representative Image

The Indian consumer, empowered by a world-leading Digital Public Infrastructure, actively engages with online services across various sectors and industries. However, there are various factors discouraging people from booking holidays online in India. To find out, Alike, the social travel marketplace, recently conducted a comprehensive survey through its official social media channels and online travel communities to find the primary reasons deterring individuals from making their holiday bookings online.

The Alike Survey results indicate that 40 per cent of respondents cited misleading information regarding destinations, accommodations, or prices as a major deterrent, eroding trust in online holiday brands. Another 26 per cent were dissuaded by past experiences of subpar customer service during travel planning, leaving them feeling unheard and unsupported.

Booking a trip online should be a seamless journey filled with delightful experiences, explained the survey. However, it also exposes a notable lack of trust in online holiday bookings by Indian travellers, stemming from hidden fees, misleading promotions, and inadequate customer support. The online travel industry faces a critical challenge: rebuilding faith in a platform designed to simplify and enhance the travel experience.

Additionally, the report spotlighted that 21 per cent of respondents expressed frustration with the time-consuming process of hunting for the best deals tailored to their preferences. This often leads to hours spent comparing options. Finally, 12 per cent of respondents noted the absence of personalised recommendations and travel options, resulting in a feeling of impersonal treatment with one-size-fits-all, cookie-cutter options on online holiday booking platforms.

Emirates, Maldivian announce interline partnership

This collaboration comes as a result of a Memorandum of Understanding (MoU) signed between the two airlines last year. Starting September 15, travellers flying Emirates can book their travel itineraries with flights available immediately. The MoU allows these customers to explore 16 holiday destinations in the Maldives, besides offering the single-ticket solution.

While hotel reservations and transport bookings for flights, rail, buses, and taxis have seen significant digital adoption, holiday package bookings are still predominantly conducted over the phone or in person. Despite various online players offering these services, Indian tourists have not embraced online holiday bookings to the same extent as other industries, including transport services, the survey revealed.”The Indian consumer is used to benchmark digital experiences in their daily life, and it is high time they are served with similar quality of service in online holiday bookings as well. We at Alike are proud of the continued top-rated reviews from our global customers and are committed to offering the same trustworthy online experiences for holiday bookings for our Indian customers, that are based on global best practices,” commented Ashish Sidhra, Co-founder at Alike, acknowledging the pain points.

Evidently, regaining customer trust entails more than just technological improvements; it necessitates transparency, integrity, and genuine customer-centricity, the survey emphasised.

  • Published On Sep 20, 2023 at 02:00 PM IST

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