By: Gulshan Verma, Chief Revenue Officer, Times
Internet
Limited and Ankit Mehrotra, Co- Founder, dine out
Limited and Ankit Mehrotra, Co- Founder, dine out
Millions of bookings, thousands of users and
a growth of over 200% in the last two years, Times Internet’s dineout is making a distinct impact
on the restaurant industry in India.
Through
the dineout data derived over the past year they did an interesting study across
metros to share extensive insights on the evolving dining out consumer. And the
shift in their mindset affecting their choices on where to go out, when to go
out and what to order.
We really are very distinct…
It’s
no surprise to see the popularity of North Indian and Chinese cuisines making
the top 3 out every metro but each city has its own specialities such as the
Hyderabadi preference for Barbecue or that diners in Bangalore are half as
likely to prefer Chinese food as their Mumbai counterpart.
Also
a distinct preference for eating your home food even when going out – Bengali
food is the third most popular in Kolkata while South Indian food is also
relatively popular in Bangalore as well.
Finally
nearly a third of the time we eat out – it’s to a different kind of culture
that the traditional popular genres of food including Middle Eastern, Thai
among many others - Global cuisine is on
the rise.
Where they like to eat?
·
Location matters, and so does convenience:
Millennials
who have begun working don’t want to compromise on their social life. Catching
up with friends for a meal and drinks has become increasingly popular, but
there’s a catch- they choose areas which are easily accessible from their
workplace or perhaps right next to their workplace. Areas such as Lower Parel in Mumbai and Connaught Place in Delhi, originally
commercial hubs of their respective cities, have topped the list of most
popular areas for dining.
When they like to eat?
Bookings for Sunday brunch/buffet have
doubled in the last 2 years
Majority
of Urban Indians are choosing a long brunch v/s dinners on a Sunday. With a rise in brunches and a sharp drop in
bookings for dinner on Sundays. With this day being a catalyst for family gathering
and friends’ reunion, a brunch allows extended quality time with close ones
vs dinners, which if extended on a Sunday, bite into the early morning routine
for the upcoming Monday!
Increase in bookings over the weekend for
lunch:
The
vibe today is of savoring the food v/s just eating. People are preferring
stepping out for lunch over dinner during the week and enjoy their meals more.
Our research showed a considerable growth in bookings for lunch to any other
meal of the day. It rose from 24.64 per
cent in July’14 to 34.62 per cent in the past year. The trend has trickled
down to corporates as well, with increased booking by companies for lunches
over the weekend.
Preference for Luxury Standalones over Hotels
The
perception of luxury dining being limited to only hotels is passé. Luxury
standalones are giving Hotels stiff competition with their increasing
popularity. It is interesting to note how the mindset of the consumer is
evolving when it comes to luxury dining, the standalones are as high-priced as
the hotels yet people don’t mind spending more when the quality is impeccable
and the experience is unique. Almost 70%
of Delhi choses standalones over
hotels. Likewise, Bangalore and Mumbai at 75% and 63%
respectively.
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