6.9 C
London
Monday, January 30, 2023

Consumers are making more shorter trips throughout the year, says OYO

Must read

Over 70 Indian startups show exit to 21,000 techies, more pink slips to come

New Delhi, As layoffs ramp up globally, Indian startups are not far behind and have laid off thousands of workers in the past 3-4...

The Treasury Department is committed to privatizing already announced CPSEs next fiscal year

The Ministry of Finance will proceed with the already announced and planned privatization of state-owned enterprises in the next financial year, and the chances...

Adani accuses shortseller Hindenburg of attacking India

Gautam Adani and his family have built a huge fortune mining coal to fuel the energy-hungry India's fast-growing economy. Businesses in the conglomerate...

Chinese smartphone market drops to 10-year low in 2022 londonbusinessblog.com

After a decade of frantic growth, China's smartphone market is hitting a speed bump as COVID-19 rocks the world's second-largest economy. According to research firm...
Shreya Christinahttps://londonbusinessblog.com
Shreya has been with londonbusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider londonbusinessblog.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

  • oh yo recommended that customers use the ‘pay at hotel’ feature to pay at the time of check-in.
  • OYO also noted that 95% of Indian travelers prefer domestic travel over international locations.
  • Hill stations are the most popular destinations this monsoon, with Ooty, Lonavala and Munnar having maximum travel intent.

Indian travelers have now switched to more frequent shorter domestic trips rather than planning extended annual trips, according to a report from OYO. The budget hotel chain’s monsoon report also said consumer demand for travel can be seen year-round.

“In 2022 we will see a shift in the mindset of travelers towards pre-lockdown times. We are seeing increasing consumer demand for year-round travel for shorter trips. According to our findings, this monsoon, consumers look forward to traveling to scenic destinations and making the most of the rain, closer to nature,” said Shreerang Godbole, SVP of product & chief service officer, OYO.

Even in August, with its three long weekends, more than 50% of respondents said they would take trips lasting anywhere from one to three days. Meanwhile, 33% are thinking of a week-long trip, all thanks to flexible remote working and hybrid.

The company reduced prices for long weekend stays between August 8 and August 21, with rates starting at ₹399. It recommended that customers use the “Pay at Hotel” feature to book their stay now and pay at check-in in the hotel.

“This year, Raksha Bandhan and Independence Day could be clubbed together, giving consumers the space to take that much-needed trip with family, friends or even enjoy some quiet time traveling alone. This year has been all about travel aspirations and our campaign is an ode to India’s untapped domestic destinations,” Godbole had noted.

The company’s previous report also noted that 95% of Indians now prefer domestic over international travel. The Monsoon Travel Report 2022 also shows that 50% of respondents would like to take a monsoon trip outside the city limits.

The report also noted that hill stations such as Ooty, Lonavala, Munnar, Shillong and Coorg are the most popular destinations this monsoon. Uttarakhand was another popular destination among travelers. Nearly 40% of people who choose these destinations look for accommodation in scenic locations with hill or lake views.

ALSO SEE

Demand for credit from MSMEs rises 60% from pre-pandemic levels – a sign of recovery in economic activity

Indian diamond merchants want to turn lab-grown diamonds into a woman’s best friend

Adani Wilmar’s Angshu Mallick on edible oil prices, rural consumption patterns and outlook for the second quarter of the year

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Over 70 Indian startups show exit to 21,000 techies, more pink slips to come

New Delhi, As layoffs ramp up globally, Indian startups are not far behind and have laid off thousands of workers in the past 3-4...

The Treasury Department is committed to privatizing already announced CPSEs next fiscal year

The Ministry of Finance will proceed with the already announced and planned privatization of state-owned enterprises in the next financial year, and the chances...

Adani accuses shortseller Hindenburg of attacking India

Gautam Adani and his family have built a huge fortune mining coal to fuel the energy-hungry India's fast-growing economy. Businesses in the conglomerate...

Chinese smartphone market drops to 10-year low in 2022 londonbusinessblog.com

After a decade of frantic growth, China's smartphone market is hitting a speed bump as COVID-19 rocks the world's second-largest economy. According to research firm...

Walmart-backed PhonePe’s nine-month sales in 2022 rose to $234 million londonbusinessblog.com

PhonePe generated revenue of $234.3 million in the first nine months of 2022, the most valuable Indian fintech startup has disclosed in a filing. The...