Indians plan to travel, shop and spend more this festive season: American Express Trendex

97% of Indians are planning to travel this festive and holiday season, with 33% having already booked their travel, according to the Amex Trendex India findings released by American Express today.

Leisure tops the list of travel motivations (63%), followed by the desire to explore new places (54%) and reconnect with family and friends (27%). 94% of Indian travelers are willing to spend more for a convenient and enjoyable travel experience.

The study also highlights that 73% of Indians are using travel credit card rewards, airline miles or loyalty points to manage costs, reflecting a shift toward maximizing value during the holidays. Domestic travel remains popular, with 88% opting for trips within India, while international travel is on the radar for 61%.

Also Read Garena Free Fire MAX redeem codes, October 4, 2024 edition: Unlock exclusive skins, weapons, and more today CIBIL Score Vs Credit Score: There is a difference – Explained Book review: Voices from the northeast raise in chorus in an attempt to belong This billionaire visited India as a tourist and built a Rs 1 lakh crore business empire. She is related to Ratan Tata – She is…

Also Read: NPS Calculator: How much to invest in NPS for Rs 5 lakh monthly pension? Check calculation

Sanjay Khanna, CEO and Country Manager, American Express Banking Corp India, said, “Indian consumers are eager to elevate their holiday experiences, from thoughtful gift-giving to unforgettable travel adventures. At American Express, we’re committed to making the holiday season more rewarding. Our Membership Rewards program allows Card Members to earn and redeem points for everything from travel bookings to shopping, providing unparalleled value. Whether it’s selecting the perfect gift or enjoying a holiday getaway, American Express offers exclusive benefits that help make the season even more special.”

In addition to travel, Indian adults are highly focused on holiday shopping and gifting. An overwhelming 98% plan to buy gifts this season, with family (73%) and friends (65%) as the top recipients. Popular gift choices include clothing and accessories (73% each) followed by tech products (55%). Meanwhile, 66% of Indians are opting for experiences like entertainment and travel as gifts.

The desire for unique and personalized gifting is evident, with 92% actively seeking one-of-a-kind gifts, while 88% prefer shopping at stores that offer reward programs.

 » Read More

Related Articles

BSNL may post Rs 558-cr profit in FY27

The department of telecommunications (DoT) has projected state-owned Bharat Sanchar Nigam (BSNL) to turn profitable in FY27 with a profit of Rs 558 crore. The projections are based on the potential increase in revenues expected in the coming years with the launch of 4G and 5G services. For FY27, DoT it has projected the company’s

India sticks to stand, no investment treaties with FTAs

Despite the demand from some partners for inclusion of investment protection treaties in the free trade agreements that are under negotiation, India would stick to its stand of signing separate treaties for investments and not making them part of FTAs, a senior official said. India is currently negotiating trade agreements with the UK, European Union

Avaada plans to raise $1 bn to fund green projects

Avaada Group is looking to raise $1 billion (over Rs 8,400 crore) in debt by March next year to fund its projects. “We will raise this debt to fund wind, solar and other projects. We have already raised equity,” chairman Vineet Mittal told FE. The group has an operational capacity of over 4 gigawatt (GW)

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

BSNL may post Rs 558-cr profit in FY27

The department of telecommunications (DoT) has projected state-owned Bharat Sanchar Nigam (BSNL) to turn profitable in FY27 with a profit of Rs 558 crore. The projections are based on the potential increase in revenues expected in the coming years with the launch of 4G and 5G services. For FY27, DoT it has projected the company’s

India sticks to stand, no investment treaties with FTAs

Despite the demand from some partners for inclusion of investment protection treaties in the free trade agreements that are under negotiation, India would stick to its stand of signing separate treaties for investments and not making them part of FTAs, a senior official said. India is currently negotiating trade agreements with the UK, European Union

Avaada plans to raise $1 bn to fund green projects

Avaada Group is looking to raise $1 billion (over Rs 8,400 crore) in debt by March next year to fund its projects. “We will raise this debt to fund wind, solar and other projects. We have already raised equity,” chairman Vineet Mittal told FE. The group has an operational capacity of over 4 gigawatt (GW)

Rising market, falling brokers

A bull market of more than four years, which has seen 4 million demat accounts being added every month in FY25, has also witnessed around 40% decline in the number of brokers. The numbers speak for themselves: The total number of brokers registered with the stock exchanges for the cash and derivatives segments has dropped

Rising demand drives growth in power T&D sector

By Mahesh Patil The power transmission and distribution (T&D) sector is set for a significant growth, driven by increasing electricity demand and focused renewable energy goals. India aims to achieve 500 GW of renewable energy by 2030, almost 3x from 180 GW currently installed, marking the largest push for capital investment in power infrastructure. However