Post demonetisation there has been a rise in inclination to use credit or debit cards, as 37.4 per cent Indian travellers choose plastic money over cash for making bookings and during travel, a survey has said.
“One of the key findings is the inclination of Indian travellers to use credit or debit card over cash. About 37.4 per cent travellers choose plastic money over cash for making bookings and while travelling. The ban on old Rs 500 and Rs 1,000 notes has further led to a significant 57.9 per cent travellers booking through the desktop and a drastic dip in booking through offline agents,” Winter Survey by Yatra.Com has revealed. With demonetisation, the trend of cashless transactions in travel will go up, and this will have significant medium to long-term positives for online travel agents,Yatra.Com COO, (B2C), Sharat Dhall said. Winter Survey is done by Yatra.Com annually from data taken from the actual bookings done on the portal.
Another key observation was that people are preferring to choose budget accommodation over luxury accommodation, the survey said. Over 38 per cent people opted for lodging options under Rs 4,000, while only 35 per cent chose luxury accommodation, it added.