Spending on flight soared 83%, hotel bookings doubled in value: Razorpay

Defying the global downturn trend and ongoing layoffs, Indians are now spending a lot more online on purchasing flight and movie tickets and dining out with families, according to the report by payments and banking platform Razorpay. It said the consumer spending on flight tickets soared by 83% and expenses on hotel accommodations nearly doubled in value in the fiscal year 2023.