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Indians still prefer hotels over homestays
Mint Mumbai
|October 25, 2023
Travellers from tier-I cities are not only spending more on leisure trips but also travelling more compared with their counterparts in tier-II and -III cities, according to a report by global research, consulting, and mergers and acquisitions advisory, Videc.
The report, accessed exclusively by Mint, highlighted that homestays still have scope to grow in India.
The majority of survey participants (91%) said they stayed in a hotel, while only 10% of them booked all-inclusive packages, with 7% booking homestays, villas or bungalows.
Interestingly despite higher airfares, people booked well in advance with 69% of travellers buying tickets over two weeks ahead of departure date, while intercity bus is predominantly a last-minute arrangement.
This story is from the October 25, 2023 edition of Mint Mumbai.
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