![]() ![]() Same case with Diwali 2021, 37 per cent revenue per trip has increased for Business route, 52 per cent for Holiday route and 25 per cent for pilgrim routes for AC Sleeper bus. ![]() Spike in the supply is because of a huge lift in demand, which can be seen in the revenue per trip, and has increased 42 per cent for the business route, 25 per cent for holiday route and nine per cent for pilgrim routes. Supply referring to total number of trips for AC Sleeper on business routes has increased by 21 per cent, 150 per cent for holiday routes and 325 per cent for pilgrim routes in Dussehra 2021. On the other hand, business and pilgrim routes witnessed a hike in ASP by 17 per cent and 3 per cent, respectively.Īccording to the analysis, AC Sleeper is the most preferred bus type on business, holiday and pilgrim routes for both festivals in 2020–2021. Because of that the average selling price (ASP) for holiday routes has increased by 35 per cent during 2021. Revenue per trip for holiday destinations has increased by 41 per cent and supply in the market has also increased by 58 per cent. Top performing routes in Diwali week were Ahmedabad-Delhi and Delhi-Varanasi, which have improved their revenue per trip by 23 per cent and 20 per cent respectively this Diwali compared to 2020.Īdditionally, during Diwali period, people are travelling more to holiday destinations compared to business and pilgrim routes in 2021. In Diwali 2021, demand and supply has increased by 10 per cent and 28 per cent respectively, which resulted in a 19 per cent increase in revenue per trip. ![]() Improved market conditions have enabled bus operators to gain average selling prices by 17 per cent for business routes during the Dussehra week. ![]() Holiday and pilgrim routes are also getting good traction in revenue per trip with 25 per cent and 26 per cent, respectively. Apart from this, the other top performing routes during Dussehra festival were Ahmedabad-Hyderabad, Bangalore-Vijayawada, Hyderabad-Bangalore based on the revenue generated.īy looking into the data, during Dussehra, business routes have got huge demand hence revenue per trip has increased by 33 per cent compared to 2020. The best performing routes in Dussehra for both years were Gorakhpur-Delhi and Ahmedabad-Delhi, have increased the revenue per trip by 11 per cent and 36 per cent in 2021 compared to 2020. Bus occupancy on the top routes has increased by 17 per cent in Dussehra 2021 compared to 2020, which helped bus operators to capitalise on prices this Dussehra. The supply and demand data for these high-demand routes in India were analysed to enable travel companies to optimise on the opportunity.ĭuring Dussehra 2021, supply referring to the total number of trips in pan India has increased by 20 per cent compared to Dussehra 2020, which resulted in a 31 per cent increase in revenue per trip. These routes are segregated into business, pilgrim and holiday. including top 55 routes in India such as Mumbai-Goa, Bangalore-Hyderabad, Ahmedabad-Delhi, Mumbai-Ahmedabad, Pune-Shirdi, Delhi-Lucknow, Delhi-Amritsar, etc. Positive travel sentiments are foreseen during the upcoming festivals too.Īs per the report by Sciative, the travel industry is getting back on track as higher revenue contribution is seen from 24 cities such as Ahmedabad, Amritsar, Bangalore, Chandigarh, Dehradun, etc. The findings suggest improvement in sentiments toward travel in the minds of travellers. Sciative, a deep-tech start-up specialising in AI-powered automated price optimisation solutions, has released a report analysing the trends in intercity bus industry during Dussehra and Diwali in 2021 compared to 2020. ![]()
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