New Delhi, May 16 -- India's airlines and hotels sectors are not likely to see price correction any time soon due to the strong momentum and continued demand, said Madhavan Menon, executive chairman of travel agency Thomas Cook India (Group) Ltd.

In conversation withMint, Menon said that both major carriers, IndiGo and Air India, are focused on changing how India travels. And as a result, both airlines will become major beneficiaries of this growing cohort of travellers over the next 5-7 years.

Airline capacity around the world is not entirely back yet post the pandemic and the demand for travel has grown, as much, if not more, he said and while there is short term pain, it's a pain the whole world is "bearing" and India is no different...