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Articles tagged “makemytrip”

Business Travel

Travel Management Company Navan Expands Deeper Into India With Local Agency Acquisition

Buying up smaller agencies has now become the tried-and-tested method of expansion for Navan, the corporate travel agency formerly known as TripActions. But this approach is highly relevant in India, with its mostly offline corporate travel booking practices.

Matthew Parsons | 1 year ago

Travel Management Company Navan Expands Deeper Into India With Local Agency Acquisition

Tourism

Skift India Daily: MakeMyTrip Sees Indians Opting for Longer Summer Holidays

Despite the surge in airfares and visa delays, Indian travelers' enthusiasm remains unabated, and seems unlikely to diminish anytime soon.

Amrita Ghosh and Peden Doma Bhutia, Skift | 1 year ago

Skift India Daily: MakeMyTrip Sees Indians Opting for Longer Summer Holidays

Tourism

Skift India Daily: Tour Operators Return to Profits

A steep increase in air fares, prolonged visa delays, and inflation pressures must be averted to ensure the growth momentum.

Amrita Ghosh | 1 year ago

Skift India Daily: Tour Operators Return to Profits

Tourism

Events in Abu Dhabi Will No Longer Pay Tourism Tax

In its effort to position itself as a destination for large-scale events and conferences, Abu Dhabi has been investing in world-class venues. And now it's incentivizing event planners even more by scrapping a 10 percent tax.

Peden Doma Bhutia | 1 year ago

Events in Abu Dhabi Will No Longer Pay Tourism Tax

Online Travel

MakeMyTrip Says an India Listing Still on the Agenda

As Oyo, Yatra and ixigo look to go public in India by this year, MakeMyTrip would probably wait and watch to see how these online travel companies fare in the market before launching an Indian IPO.

Peden Doma Bhutia | 1 year ago

MakeMyTrip Says an India Listing Still on the Agenda

Online Travel

How India’s EaseMyTrip Built a Brand Waiving Booking Fees

EaseMyTrip realized early on that the convenience fee is perhaps the most inconvenient part of travel bookings and were willing to let go of it in return for loyal customers.

Peden Doma Bhutia | 1 year ago

How India’s EaseMyTrip Built a Brand Waiving Booking Fees

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.

Peden Doma Bhutia | 1 year ago

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.

Peden Doma Bhutia | 2 years ago

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…

Sean O'Neill | 2 years ago

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.

Peden Doma Bhutia | 2 years ago

Yatra CEO Says an India IPO Will Help Finance Future Acquisitions