ixigo highlights 2024 year-end travel trends: How to manage your budget?

ixigo highlights 2024 year-end travel trends: How to manage your budget?

As the year-end approaches, a surge in travel demand and fluctuating airfare trends could impact your holiday budget. ixigo’s year-end travel data for 2024 reveals shifts in traveller behaviour and airfare patterns, both domestic and international, that personal finance planners should take into account.

Domestic travel

Domestic airfares to popular mountain destinations have surged due to rising demand.

Flights from Mumbai to Dehradun saw a 13% increase in fares, while New Delhi to Srinagar fares jumped by 18%.

Jammu emerged as a hot destination, with bookings up by 147% year-over-year (YoY), ixigo data showed.

A look at increase in flight bookings

Leisure destination YoY increase in flight bookings for December 20, 2024 to January 2, 2025
Jammu 147%
Srinagar 66%
Dehradun 87%
Udaipur 126%
Goa 52%
Jaipur 51%
Leh 30%

(Source: ixigo)

If you’re planning a trip to scenic winter locales like Dehradun or Srinagar, factor in these increased costs.

International travel

International travellers gravitating toward destinations like Thailand and Bali should brace for higher ticket prices.

Flights from New Delhi to Bangkok saw a steep 51% rise in fares compared to last year. Similarly, fares from Mumbai to Bali rose by 47%, ixigo said.

Interestingly, while some routes have become more expensive, others offer relief.

Flights from Mumbai to London experienced a dramatic 46% drop in fares.

A look at the trends:

Destination city YoY increase in flight bookings for December 20, 2024 to January 2, 2025
Bangkok 166%
Phuket 168%
Abu Dhabi 174%
Colombo 37%
Singapore 53%
London 80%
Vietnam 102%
Bali 96%
Dubai 48%

(Source: ixigo)

Spiritual travel

The popularity of spiritual tourism has also led to increased demand for flights to cities like Varanasi, which saw a 669% YoY increase in bookings, ixigo said.

While ixigo’s data doesn’t show a direct rise in airfares for these routes, higher demand could lead to price surges closer to travel dates.

Tips to manage year-end travel budgets

Book early: Data shows fares rise significantly closer to departure dates.

Early planning can save thousands.

Flexible dates: Travel during non-peak dates to avoid inflated prices.

Track fare drops: Some routes, like Bengaluru to Kolkata (22% drop), offer better deals this year.

Use fare alerts to catch price dips.

Consider alternatives: For domestic trips, explore buses or trains for shorter distances to save money.

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