Staybazar Widens Its Portfolio; Adds More Than 2100 Properties

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India’s leading online market place for various alternate stay options, has announced its expansion to 2109 properties and holds more than 42000 inventories. Covering major A, B and C class cities and tourist places in India, Staybazar is not only targeting the Indian geographical boundaries but also are targeting international destinations.

Staybazar Expands Its Portfolio

Staybazar stands different in the online travel market by providing travelers to choose from wider options of stay other than the traditional stay. The alternate stay options such as home stays, guest houses, service apartments, resorts, theme stays, etc. offered by Staybazar starts from Rs 999 and onwards.

“We are pleased to add more properties and inventories onboard. With growing tourism in India, the country still lags with around 1 lakh rooms to accommodate the tourists. The ministry is working on various projects to provide accommodation to the tourists, especially in B and C class cities. Thus, we offer the tourists with comfortable stay across India with alternative stay options other than hotel service.  Staybazar is keen to expand further adding more rooms and properties to balance between the number of travelers and rooms to accommodate them” said Mr Prem Kumar, CEO at Staybazar.

“To offer a secure, cost-effective and amiable stay in smaller towns of the country to the potential travelers, Staybazar offers best stays only after detailed research through our virtual offices across the country” he adds.

In the list of 22 states, all major ones are covered including Delhi, Karnataka, Gujarat, Maharashtra, Rajasthan, West Bengal, Uttar Pradesh, Tamil Nadu, Uttrakhand, Madya Pradesh, etc.Various top tourist attractions like Nainital, Rishikesh, Dhanaulti, Dharamshala, Manali, Shimla, and more are covered under the stays offered at 79 destinations.

Trends

Travel and tourism is one of the fastest-growing industries in the world. Indian domestic travel and tourism market is estimated to be $ 17 billion in 2014 according to a study by Government of India. The market share of online holiday booking in India has been increasing progressively. The industry has been growing at around 20% year-on-year. While the travel industry was growing at fast pace, the alternate accommodation properties where left behind due lack of visibility. When most alternate stay properties were operating at very low occupancy rates, shortage of hotel rooms in India were driving hotel prices high and forcing travelers to re-schedule their plans.  All these factors drove StayBazar to build an online market place for various alternate stay options for individual, family and corporate customers.

Siddhartha Sarma

Siddhartha Sarma, a Microsoft Partner and a startup freak. Pursuing his B. Tech. in Instrumentation and Control engineering at University of Petroleum and Energy Studies, Dehradun. He has a great passion towards entrepreneurship and has founded his own startup, Induskul. Apart from writing, he is passionate about computer programing and making new relationship in his professional network.