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Biz travel sees revival as OYO adds 1,250 new corporate clients since Mar

Small and medium businesses continue to contribute significantly to the business travel bookings as more and more people from this segment opt for physical interactions

Topics
Oyo | Clients | business travel

Press Trust of India  |  New Delhi 



Photo: OYO Hotels & Homes
Photo: OYO Hotels & Homes

Travel tech firm on Wednesday said it has added more than 1,250 corporate in the last three months, indicating that in India may be rebounding post lifting of COVID-induced travel restrictions.

The recovery is led by small and medium enterprises, traditional business houses and conglomerates, startups, travel management and film production houses, which have emerged as a key customer category for in recent times.

The list of top cities searched and booked by corporates include Bangalore, Hyderabad, Mumbai, Chennai, Ahmedabad, Kolkata, Pune and Delhi, stated.

Small and medium businesses continue to contribute significantly to the bookings as more and more people from this segment opt for physical interactions -- still a key factor for them to expand their business, the company added.

OYO's Business Accelerator division has serviced over 6,600 corporate since January 2021, it added.

Commenting on the growth in corporate travel, Ankit Gupta, Chief Executive Officer, OYO India said the appetite for has returned strongly since the frequent change in travel restrictions has ebbed, making travel planning for business trips more certain and predictable.

"For a lot of our corporate customers, conducting business over virtual meetings was a stopgap and sub-optimal solution. Such customers are leading the business travel revival. Meetings, incentives, conferences, and exhibitions are the other key use cases fuelling the growth of business travel," he added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


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First Published: Wed, June 01 2022. 15:30 IST

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