MakeMyTrip partners with Lohono Stays to grow luxury homestay segment
MakeMyTrip has joined hands with Lohono Stays, a luxury vacation rental market provider in India, with an objective to further accelerate the growth of the segment in the country. MakeMyTrip and Lohono Stays have lined-up a series of promotional offers to attract customers across the country. As part of the inaugural festive offer, MakeMyTrip is currently offering a third night free on all bookings on all the listed properties of Lohono Stays’ luxury rental homestay villas across cities/states.
Speaking on the development, Vipul Prakash, COO, MakeMyTrip, said, “We have been steadily investing behind the homestay segment over the last couple of years and have emerged as the homestay hub with coverage in more than 1100 cities across the country. The attempt now, with Lohono Stays partnership, is to further accelerate the base of ultra-luxury segment in the homestay ecosystem. We have already seen initial wins with the current offer on Lohono Stays and expect it to grow in the future.”
“I am confident that this partnership will offer an unmatched value proposition to the end user with a high-quality product and extremely unique experience for customers,” said, Nibhrant Shah, Founder & CEO of Lohono Stays. “MakeMyTrip is the market leader and understands the requirement of travellers and that made the decision very easy for us. We want to focus on building a luxury product portfolio that caters to a niche segment of well-travelled and well-heeled travellers while MakeMyTrip will help in increasing discoverability and sales for our properties across the country.”
Dhimaan Shah, Founder and COO of Lohono Stays, said, “Our firm belief has always been that the discerning Indian traveller has a strong bias towards luxury homestays over any other product for a variety of reasons – privacy, flexibility, quality of product and consistency in service. Lohono Stays has the best offerings in this segment and we look forward to this strategic partnership with MakeMyTrip as it is an opportunity for us to further expand our market presence and continue our accelerated growth trajectory.”