7.5 C
London
Wednesday, September 28, 2022

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

Must read

Razorpay Enters Loyalty and Rewards Segment with PoshVine Acquisition

Payment service provider Razorpay has announced the acquisition of PoshVine, a loyalty and rewards management platform.This marks Razorpay's entry into the loyalty and rewards...

Jolie Poirier

Jolie Poirier is a 33-year-old Instagram model, influencer, businesswoman and philanthropist. This versatile woman is better known as the wife of former Interim...

Hurricane Ian heads for Florida as ‘extremely dangerous major hurricane’

Hurricane Ian remained on Florida's Gulf coast on Tuesday as an "extremely dangerous major hurricane" after shutting power to all of Cuba, officials said.The...

Roundtable aims to bring AngelList-style syndicates to Europe • londonbusinessblog.com

Meet Round tablea new startup supported by eFounders that aims to bring community-driven angel investment to European startups. The company has built a...
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

Razorpay Enters Loyalty and Rewards Segment with PoshVine Acquisition

Payment service provider Razorpay has announced the acquisition of PoshVine, a loyalty and rewards management platform.This marks Razorpay's entry into the loyalty and rewards...

Jolie Poirier

Jolie Poirier is a 33-year-old Instagram model, influencer, businesswoman and philanthropist. This versatile woman is better known as the wife of former Interim...

Hurricane Ian heads for Florida as ‘extremely dangerous major hurricane’

Hurricane Ian remained on Florida's Gulf coast on Tuesday as an "extremely dangerous major hurricane" after shutting power to all of Cuba, officials said.The...

Roundtable aims to bring AngelList-style syndicates to Europe • londonbusinessblog.com

Meet Round tablea new startup supported by eFounders that aims to bring community-driven angel investment to European startups. The company has built a...

YC-backed fintech Numida raises $12.3 million led by Serena Ventures to provide loans to SMEs outside Uganda • londonbusinessblog.com

Micro, small and medium-sized enterprises (SMEs) across Africa make up the bulk — over 90% — of the continent's businesses, but are still marginalized...