Articles tagged “makemytrip”

This deal with MakeMyTrip is likely to be the first among several tech agreements that Hopper will make with rival online travel agencies. This potentially could become a big side of Hopper's overall operation.

Business school students can probably debate this question endlessly and there would be merit in either position: Should smaller companies copy their larger rivals or vice versa? In the Google era, marketing power often wins the day — but differentiation still counts.

Business travel is showing significant signs of life in India. That could bode well for corporations and road warriors in other geographies, too.

MakeMyTrip hasn't had to tap into its credit facilities recently, and that's a decent sign as it takes advantage of India's tentative Covid and travel recoveries.

Booking.com, Airbnb, Marriott, and every high-end retail shop on the Champs-Élysées want to see the proliferation of Alipay and other digital payment services to capture the spending of Chinese travelers. But Alipay's key cross-border payments strategy, despite a record-setting IPO, has run into major snags.

Homestays and guest houses are still a small market in India, but it's mainly a problem of supply and not demand now. Investing in the country's alternative accommodations is a long-term bet, but the potential is large.

As a public company, Airbnb would be a dream for reporters, analysts, and investors because of the required disclosures about financials and strategy. It could also prompt competitors to up their game, and perhaps be more forthcoming about the numbers behind their own short-term rental businesses.

Executives are fine-tuning their strategy by pushing more into business travel management, tours-and-activities sales, and international bus booking.

One wonders whether some travel companies like MakeMyTrip Group must rethink parts of their business during the pandemic. They may continue to struggle to pay out millions in refunds to customers due to a staccato pace of travel restrictions.

Longtime leader and co-founder Deep Kalra will remain critical at the company in a newly created role of executive chairman. The change in job titles is a reward for co-founder Rajesh Magow's years of work leading the India business. Both executives have pushed hard on a subscription model, one of Skift's Megatrends for 2020.