EaseMyTrip, Airbnb and OYO among companies reporting steady growth in business as pandemic wanes
Spike in adjusted Ebitda primarily driven by a 23% QoQ rise in Gross Booking Value per hotel in Q2 to Rs 4,00,000; firm still ends with Rs 333 cr loss
Lucrative discounts and packages lure Indians: here is how to choose the best deals
The deluge in Bengaluru has led to a spike in demand for hotel rooms and a surge in room tariffs in some hotels as people escape waterlogged homes. Most hotels in the city already had a very high occupancy before parts of Bengaluru got marooned and current high rates were not a direct consequence of the floods, said industry players. When contacted, an OYO spokesperson said: "The average tariff for OYOs in Bangalore currently stands a little over Rs 1,000, making OYO an affordable and easily accessible stay option for flood affected people in the city. Our 'Nearby stays' option and 'Pay at hotel' facility makes booking an OYO easy for the rain drenched Bangaloreans looking for hotels. We hope to support as many Bangaloreans with quality stays during this challenging time for the city." At Leela Palace Bengaluru, a staff said the pricing has always been dynamic based on occupancy and demand. At present the existing rate for a standard double room for a night is Rs 15,750 plus taxes p
Flipkart Hotels will provide customers with the opportunity to book hotel rooms across 300,000 domestic and international hotels
Flipkart Hotels will provide room bookings at 3 lakh domestic and international hotels. It will offer customers services like flexible travel and booking-related policies, and easy EMI options
Backed by Cleartrip's API, Flipkart Hotels will benefit from Cleartrip's deep understanding of travel customers and sectors
The book now pay later (BNPL) payment has been introduced on bookings for travel, flight or hotels, on MakeMyTrip as well as on the Goibibo app
MakeMyTrip said it has witnessed a nearly 150% increase in bookings for super-luxury and premium hotels during the pandemic
OYO also observed a 134 per cent jump in weekend vs weekday bookings during the festive weekend in 2022 vs 111 per cent in 2019.
Hotel bookings for the March-May period this year have surpassed the pre-pandemic levels of the same period of 2019, led by strong domestic demand, Indian Hotels Co Ltd (IHCL) Managing Director & CEO Puneet Chhatwal said on Tuesday. The head of the Tata group hospitality firm said that the long-term outlook of the industry is going to be far more positive than it was 5-10 years ago, although the volatility and geopolitical sentiments around the world amid the fear of the fourth wave of COVID-19 makes it difficult to forecast beyond 100 days. "What we are experiencing in the last four to six weeks is such a strong revival. I can definitely speak for IHCL that our March, April and May (2022) business on the books is higher than March, April and May of 2019," Chhatwal said. He said the bounce back in the business is led by domestic demand as "international is very limited for 'bubble flights' or OCI (overseas citizen of India)". While the international flights is scheduled to resume .
Club ITC members can also save up to 10 per cent on room reservations through Club ITC exclusive member rates and earn and redeem Club ITC Green Points for their stays booked directly
The hotels in New Delhi that were hoping to recover after the second COVID-19 wave in the country, have reported less number of bookings in this festive season as compared to the pre-pandemic era
While choosing accommodation, over 74 per cent have preferred 4 & 5-star hotels and about 67 per cent individuals are booking hotels within two days of travelling, according to the company's data.
Being listed on an OTA site still has the potential for impacting reservations on the brand's own website
There are lots of things to consider before booking the place
You can get a discount of 25% or more and stay in a hotel room
According to estimates, as many as 1,50,000 room nights go unsold in India everyday