Articles tagged “makemytrip”

Online Travel

Oyo Still Keen on Long-Anticipated IPO in Early 2023

While Oyo plans to go ahead with its initial public offering, the hospitality company is yet to share the current valuation it is looking at. For sure, it would be nowhere close to its original hoped-for valuation of $12 billion.

Oyo Still Keen on Long-Anticipated IPO in Early 2023

Online Travel

MakeMyTrip Rides Travel Rebound Fueled by India’s Growing Middle Class

Having narrowed its net loss in its fiscal second quarter, MakeMyTrip's bet to concentrate on India's hinterlands seems to have paid off as the online travel agency noted that a major part of its new traffic came from smaller cities.

MakeMyTrip Rides Travel Rebound Fueled by India’s Growing Middle Class

News Blog

India Competition Watchdog Hits MakeMyTrip and Oyo With $47 Million in Sanctions

India's competition watchdog has fined online hotel-booking company MakeMyTrip Group about $27 million (₹223.48 crore) and hotel chain Oyo about $20 million (₹168.88 crore) for anti-competitive behavior. The Competition Commission of India (CCI) has been investigating the companies since 2019, after a hotel body alleged that MakeMyTrip gave biased preference to SoftBank-backed Oyo on its…

Online Travel

Yatra CEO Says an India IPO Will Help Finance Future Acquisitions

A listing on the Indian bourses for Nasdaq-listed Yatra would also help the online travel agency to partner with companies who may not have been comfortable with an overseas structure.

Yatra CEO Says an India IPO Will Help Finance Future Acquisitions

Short-Term Rentals

Hopper Signs Property Managers Evolve and Vtrips for Vacation Rentals

Hopper will eventually be a force to be reckoned with in vacation rentals. There, we said it.

Hopper Signs Property Managers Evolve and Vtrips for Vacation Rentals

Tourism

Asian Travelers Are Confused By Sustainable Travel: That’s an Industry Problem

From India to Indonesia, Asian travelers are becoming increasingly conscious about sustainable choices — and perplexed by them. The travel industry needs to understand this — and failing to do so might be tantamount to greenwashing in the eyes of consumers.

Asian Travelers Are Confused By Sustainable Travel: That’s an Industry Problem

Online Travel

MakeMyTrip Turns to India’s Hinterlands in the First Quarter to Win New Customers

MakeMyTrip is moving its focus from retail customers to go deep into the hinterland by tapping into small travel agents across India. In a country where online penetration is still low, will this bet pay off?

MakeMyTrip Turns to India’s Hinterlands in the First Quarter to Win New Customers

Online Travel

Business Model Innovation Is the Hottest Thing in Online Travel

Innovation comes in many forms. Sometimes it's a new technology. But for a growing number of online travel companies, it's all about disrupting traditional business models.

Business Model Innovation Is the Hottest Thing in Online Travel

Online Travel

MakeMyTrip CEO on the Journey to Develop a Superapp for India

Undeterred by competition from global online travel companies, MakeMyTrip envisions to be the first port of call for Indian travelers. A travel superapp is definitely a step in the right direction towards this goal.

MakeMyTrip CEO on the Journey to Develop a Superapp for India

Online Travel

Online Travel Faces Key Questions Heading Into Earnings

They will be telling signals about where travel demand will be heading for the rest of 2022. That's why we will be closely following Alphabet and Meta's earnings calls this week.

Online Travel Faces Key Questions Heading Into Earnings