Travel is an expensive hobby that is only increasing in popularity amongst various consumer demographics around the world, so 'Mihuru' is positioned as a solution for avid travelers to utilize when looking to save money and get away more.
Patrons can book a flight to a destination based on their travel personality or preferences and simply pay a small amount of the final price to start. Installment payments can then be used over the course of a given period to cover the remainder of the amount to make the process less painful for those who don't want to shell out the full amount right away.
The 'Mihuru' personality-based travel platform also works to help travelers find the best destinations that are perfect for their preferences.
Installment Payment Travel Services
'Mihuru' Lets You Book Now and Pay Layer
Trend Themes
1. Installment Payment Travel - The trend of offering installment payment options for travel services provides a disruptive innovation opportunity to attract budget-conscious travelers and increase sales.
2. Travel Personality-based Recommendations - The trend of providing personalized travel recommendations based on individual preferences presents a disruptive innovation opportunity to enhance the travel booking experience and create tailored offers for customers.
3. Increasing Popularity of Travel - The trend of travel becoming more popular among different consumer demographics creates a disruptive innovation opportunity for businesses to tap into the growing market and offer innovative services catering to diverse traveler needs.
Industry Implications
1. Travel Services - The travel services industry can capitalize on the trend of installment payment options and develop innovative business models to attract more customers and increase revenue.
2. Online Booking Platforms - Online booking platforms can seize the trend of travel personality-based recommendations to differentiate themselves, provide personalized experiences, and gain a competitive edge in the market.
3. Payment Solutions - The payment solutions industry can leverage the trend of increased popularity of travel and develop specialized installment payment solutions tailored for the travel sector to facilitate seamless and convenient transactions for travelers.