MakeMyTrip plans to double down on alternative accommodation business

The firm's alternative accommodation business includes villas, apartments and hostels. It is now adding about 1,000 properties to that segment per month

MakeMyTrip, which has been doubling down on its alternative accommodation business for about three years now, says the segment is seeing booking at over 100 per cent of pre-pandemic levels, even as streaming services' production houses travelling for shoots to different cities are also contributing to corporate travel bookings.

MakeMyTrip's alternative accommodation business includes villas, apartments and hostels. It is now adding about 1,000 properties to that segment per month.

"Service apartments and hostels were 10-15 per cent of total room nights pre-pandemic. Now, villas and service apartments' contribution has increased. Hostels as a category are still lagging behind because