Companies & Sectors
Budget hotels boosting online booking: Google report
New Delhi : Branded budget hotel chains in domestic hotel industry are driving the growth of hotel bookings online, revealed a report by Google India compiled by looking at the search trends for both domestic and international travel sector for the upcoming holiday season.
 
The report further revealed that Internet users in the country are lapping up the budget hotels online which is evident in the growth of Google search queries. Branded budget hotel queries in India are growing at 179 percent Year over Year ( YoY) in comparison to just 36 percent YOY growth in generic budget hotel queries. The overall queries for ‘Accommodations’ as a whole are growing at 37 percent YOY.
 
“Newer players in the segment have energised the travel vertical by unlocking a brand new inventory online. They have been quick to capitalise on the online demand with aggressive advertising spends in building their brands, which is leading to overall category growth for the Industry,” said Director Sales of Google India Vikas Agnihotri.
 
“We expect this segment to continue to see massive growth with leisure travel expected to pick up in the coming summer holiday season. As part of our own efforts to boost the sector, we’re sponsoring Great Indian Travel Festival which is currently live - to provide users a central destination for all the great holiday deals that are available online for the upcoming holiday season,” added Agnihotri.
 
In terms of top destinations searched for accommodation during March to June period of 2015, Maharashtra, Tamil Nadu, Karnataka, Goa, Rajasthan, Himachal Pradesh, Kerala and Delhi-NCR are the most searched destinations.
 
The survey also indicated that leisure destinations will be the next growth driver for branded budget hotel category as today out of the top 50 domestic destination searched, only 30% of destinations represent leisure travel.
 
As per industry estimates, the inventory in the budget hotel space is expected to grow further with both new and existing players expected to bring up to 10,000 new rooms online this year.
 
In terms of outbound data (International) compiled basis Google search queries Between January to September 2015, 25% of search queries are for International air tickets growing at 43% YOY while 22% of search queries are for International holidays growing at 30% YOY. 
 
UAE, USA and Thailand take the top positions for most searched international destinations with a healthy growth rate of over 35% YOY.
 
Search queries also reveal that the Indian travelers have taken a liking to niche travel destinations with Seychelles topping the chart followed by Hungary, Czech Republic, Russia, Greece and Norway.
 
Thailand was the most searched holiday destination between March to June 2015 followed by USA, UAE, Singapore and Maldives.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Jet Airways cancels operations to Brussels
New Delhi : Jet Airways on Tuesday cancelled all its flights to and from Brussels until Wednesday after two of its staff members were injured in the bomb blasts that rocked the city's Zaventem airport on Tuesday morning.
 
Two of the airline's flights from India had landed before and around the time of the attack, but all passengers and crew were safe.
 
"Jet Airways has cancelled flights operating to/from and via Brussels until tomorrow Wednesday 23 March. The airline has also offered a waiver on cancellation, rebooking and rerouting of tickets for travel to/from/via Brussels until March 26," an airline spokesperson said.
 
According to the airline, following the deadly explosions, the Brussels airport has been closed until 6.00 a.m. local time on March 23.
 
The airline informed that two of its staff members sustained injuries in the explosion at Brussels airport.
 
"Both of them are receiving medical care at hospitals," the spokesperson said.
 
The airline elaborated, that as per the latest information received from Brussels, its guests have been accommodated at three locations by Jet Airways staff in co-ordination with the local authorities. 
 
"Arrangements for their food and comfort have been made till the situation normalises," the spokesperson added.
 
"We are working very closely with the Indian Embassy and are in touch with the Indian Ambassador to plan the next steps for evacuation of our guests from Brussels once the airport becomes operational."
 
Two Jet Airways flights, one from New Delhi and the other from Mumbai, had landed at Brussels around the time of the blast. 
 
According to the data from aviation website Flightradar24, Jet Airways flight 9W 230 from New Delhi reached Brussels at 8.08 a.m. local time, just minutes after the bomb blast at the departure terminal at 8 a.m.
 
Flight 9W 228 from Mumbai had landed at Brussels at 7.11 a.m. local time. 
 
Several people were said to have been injured at the airport, with media putting the number of dead at 13, while blasts were also reported from elsewhere in the city including a subway station.
 
Currently, Jet Airways operates daily non-stop flights to its European gateway at Brussels airport from its domestic hubs in Mumbai and New Delhi. 
 
The attacks coincidentally came a day after the private Indian airline announced it will shift its European base out of Brussels to Amsterdam. 
 
On Monday, the airline had announced that it will shift its European hub from Brussels to Amsterdam, and plans to launch daily non-stop flights from New Delhi and Mumbai to Amsterdam, starting from March 27.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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New jobs to be created, says Naukri's hiring outlook
New Delhi : New jobs are to be created in the coming months, according to more than 50 percent of the recruiters surveyed in the recently conducted Naukri Hiring Outlook, 2016.
 
"Recruiters are cautiously optimistic about the hiring outlook over the next six months. The forecasts vary by industry and region. Recruiters from industries like IT services, retail and even manufacturing are expecting the job market to move north,” said Naukri.com’s chief sales officer V Suresh. 
 
As far as increments are concerned, 30 percent recruiters surveyed feel the average increments could be around 15 percent in the current appraisal cycle. 
 
According to a statement, 46 percent recruiters surveyed said the rate of attrition would remain same in the current period as it was in July- December 2015 period while 40 percent recruiters feel maximum jobs would be created for job seekers who have one to three year experience. 
 
The recruiters expect new job creation for the first half of this year will be relatively muted as compared to the second half of 2015, it said.
 
The bi-annual survey which gauges the hiring sentiment across sectors and industries was conducted with more than 4,000 respondents.
 
IT-Software sector is expected to create maximum jobs, followed by manufacturing and retail, the survey said, adding that finding a right talent remains a challenge to recruiters. 
 
The survey pointed out better offer, salary level and location are key factors for changing existing jobs. 
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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