Average stay period in hotels sees uptick; 4-5 star property bookings double

Moreover, with an increase in bookings for business class tickets, the EaseMyTrip director says it seems people are actually on a “splurge mode” for travel since they had kind of bottled up themselves for the last year and a half.

Talking about the passenger booking trend, he said it surely hasn’t reached the pre-pandemic level but things are moving in the right direction. “In Q1 of FY22, we did a total business of about Rs 360 crore odd. In the Q4 of FY21, we did business of about Rs 900 crore. So, of course, there was a sharp decline in the last quarter due to the devastating second wave (of COVID019) that we all were affected by,” he said.

Pitti added that according to the latest statistics, the company’s non-air bookings have gone up dramatically, which is basically bus, train and hotels.

“If I speak specifically for the train bookings, we are doing somewhere around 2,000 transactions a day on the train itself. It is growing pretty fast. I think that is because India is unlocking right now. People are travelling from their hometowns, coming back to work location, or going out for a vacation right now or during the weekend. The numbers are increasing all across the segment,” the EaseMyTrip co-founder explained.

He also said that the firm is witnessing a very strong recovery. “For example, in the month of July, we did a total gross booking of Rs 225 crore, which is somewhere around 65 percent of the entire past quarter, and August is coming out to be even better. So, we are on the path of recovery, however, to say that we have come to pre-pandemic number would be a little bit of over-estimation.”

Also Read: Thomas Cook expects bookings to improve; sees traction in Kashmir, Ladakh