Articles tagged “makemytrip”

Lessons From a Destination’s Crisis Recovery in Asia

Lessons From a Destination’s Crisis Recovery in Asia

Raini Hamdi, Skift

It's understandable that Sri Lanka wants arrivals to return to pre-Easter bombing levels soonest. The challenge is knowing what measures are needed, amid the sense of urgency that can cloud the mind.

1 month ago

MakeMyTrip Grows Despite Turbulence in India’s Airline Sector

MakeMyTrip Grows Despite Turbulence in India’s Airline Sector

Sean O'Neill, Skift

The past year has been a horror show for India's aviation sector. So MakeMyTrip deserves kudos for continuing to grow its air ticketing and overall sales despite the upheaval. But executives deserve criticism for the company's relentless unprofitability.

2 months ago

MakeMyTrip Aims to Weather Indian Air Market Turmoil Through Diversification

MakeMyTrip Aims to Weather Indian Air Market Turmoil Through Diversification

Sean O'Neill, Skift

MakeMyTrip Group has impressively diversified enough that it forecasts only a minor hit to revenue during the coming year due to the collapse of Jet Airways, a major carrier in India. No wonder Ctrip decided last month to become the company's largest shareholder.

4 months ago

MakeMyTrip Steams Ahead Despite Growing Hotel Commission Protests

MakeMyTrip Steams Ahead Despite Growing Hotel Commission Protests

Sean O'Neill, Skift

MakeMyTrip continues to drive more online hotel bookings in India, despite protests by some hotel owner groups about its allegedly excessive commissions. The company must tread carefully as it tries to woo online customers with discounts while maintaining good relationships with its partners.

8 months ago

What India Reveals About the Future of Online Travel: A Skift Deep Dive

What India Reveals About the Future of Online Travel: A Skift Deep Dive

Sean O'Neill, Skift

Surprising factors have delayed the coronation of MakeMyTrip Group as India's queen of domestic online travel. Paytm came out of nowhere to grab share, Oyo upended budget hotel distribution, Ixigo tried to make price comparison chic, and Booking.com outmaneuvered Expedia for premium hotel bookings. From this scrappy mix, online travel will find new lessons.

8 months ago

MakeMyTrip Is Latest to Join the Tours and Attractions Bandwagon

MakeMyTrip Is Latest to Join the Tours and Attractions Bandwagon

Sean O'Neill, Skift

MakeMyTrip's management deserves credit for ending a period of decelerating growth and for reducing operating losses over several quarters. But many investors are impatient for an era of profits.

11 months ago

MakeMyTrip and Despegar Make Localization a Key Competitive Advantage

MakeMyTrip and Despegar Make Localization a Key Competitive Advantage

Seth Borko, Skift Research

Does Expedia or Booking have the energy to launch their booking apps in four local Indian dialects? Maybe not, but MakeMyTrip does, and that local effort matters.

1 year ago

What Online Travel Can Learn From India and Latin America: New Skift Research

What Online Travel Can Learn From India and Latin America: New Skift Research

Seth Borko, Skift Research

Emerging markets will shape the future of the travel industry but each region requires a unique strategy. MakeMyTrip and Despegar, online travel leaders in India and Latin America, provide distinct insights into how to succeed their respective home markets.

1 year ago

Six Flags Takes Travel Counterparts’ Cue, Launches Rewards Program

Six Flags Takes Travel Counterparts’ Cue, Launches Rewards Program

Grant Martin, Skift

Six Flags' new loyalty program is as much about collecting visitor data as it is about rewarding visitors for their habits.

1 year ago

MakeMyTrip Sees Gains From Its Loyalty Programs

MakeMyTrip Sees Gains From Its Loyalty Programs

Sean O'Neill, Skift

Investors are understandably focused on MakeMyTrip's ongoing operating losses. But in good news, the company is narrowing the size of those losses while maintaining its growth rates.

1 year ago

Why India’s MakeMyTrip Made Peace With Rapidly Growing Oyo

Why India’s MakeMyTrip Made Peace With Rapidly Growing Oyo

Sean O'Neill, Skift

The decision by MakeMyTrip, India's largest online travel agency, to start selling Oyo budget lodging is significant. The move recognizes that the heavily funded Oyo is no longer a rival marketplace and is instead primarily a supplier. Asset-light hotel chains need to wake up to Oyo's rise.

1 year ago

Profitability Is Not On the Horizon for India’s MakeMyTrip as Price Wars Take Hold

Profitability Is Not On the Horizon for India’s MakeMyTrip as Price Wars Take Hold

Sean O'Neill, Skift

India has many homegrown online travel players, but only a couple will thrive. MakeMyTrip will be one of the survivors, but it may take until 2022 for it to achieve profitability. Expect it to make more acquisitions and investments to consolidate market share.

2 years ago