Articles tagged “makemytrip”

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.

2 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.

2 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.

5 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.

6 months 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.

6 months 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.

7 months 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.

7 months 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.

10 months 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.

1 year ago

MakeMyTrip Takes Steps to Escape Becoming a Price-War Casualty

MakeMyTrip Takes Steps to Escape Becoming a Price-War Casualty

Sean O'Neill, Skift

The online travel market in India is ripe with opportunity. But competition is brutal. In response, MakeMyTrip has recently debuted loyalty programs and technological upgrades to entice well-heeled customers to choose it over the discounters.

1 year ago

Travelport Signs MakeMyTrip Deal as the India Online Travel Agency Diversifies Its Distributors for Now

Travelport Signs MakeMyTrip Deal as the India Online Travel Agency Diversifies Its Distributors for Now

Sean O'Neill, Skift

Travelport's distribution deal with India's largest online travel agency suggests that it can punch above its weight. But Travelport still faces a struggle against its much larger competitors.

2 years ago

MakeMyTrip Puts a Brave Face on Booking.com Encroachment

MakeMyTrip Puts a Brave Face on Booking.com Encroachment

Sean O'Neill, Skift

In India, market leader MakeMyTrip is betting on a multi-pronged strategy to defend itself against the intrusion of Booking.com on its turf. Execution matters. But so does the patience of MakeMyTrip's key backer, Ctrip.

2 years ago