Business travel

Construction industry leads as business travel remains strong: OYO survey

Business travel to India has surged since January 2022 as industries picked up after a nearly two-year lull, the survey by hospitality startup OYO said on Thursday.

“In the business travel category, the top three constituents are corporate employees at 29%, small business owners at 17.7%, and government employees at 12.3%,” OYO said in a press release on the mid-year survey.

The survey, conducted between June 25 and June 30, found the construction industry led the recovery with a 16% share of business travel. It was followed by a mix of sectors including transportation, apparel, electronics, IT and healthcare.

“Business travel is reliable and has the least seasonal influence as a category. The revival seems to be just as strong lately, whether it’s corporate, small and medium-sized businesses or public sector travellers. We expect this segment to continue to grow further in the near future,” said Shreerang Godbole, Senior Vice President, Chief Product and Service Officer at OYO.

The company interviewed about 1,300 people. Delhi tops the list of most popular business travel destinations, followed closely by Bangalore, Mumbai and Hyderabad. The majority of respondents said that safety, hygiene and offers and discounts were the important parameters when booking a stay.

“Data from the report also shows that around 29% of travelers travel once a month, 25% travel once every three months, and 21% travel once a week,” the survey said.

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