MakeMyTrip tips

Corporate travel in India is booming – spending surged nearly 25% in 2023. And online travel companies are ramping up their efforts to profit from it.  

Indian online travel agency MakeMyTrip will be resuming its attractions and activities product for travelers, a feature it had paused during the Covid pandemic.

Indian online travel agency MakeMyTrip made a push Monday to go global: It has extended its services to over 150 countries, including the UK, Germany, Japan, Italy, and France.

Singapore is making a push to attract Indian tourists. The Singapore Tourism Board has announced a series of partnerships with Indian companies, the latest an agreement Wednesday with fintech firm PhonePe.

CEOs at MakeMyTrip and Yatra Online agree: India holds more than just a country. 

A bulging middle class, a mega-rich 1%, and a rapidly growing population are swirling to potentially make India a tourism superpower. But the country’s largest online travel agencies are not going to go to war; rather, they’re in a race for who can leverage the growth opportunities first and then on a long-term basis.

India’s business travel spending is set to reach $38 billion this year, with a projected full recovery to pre-2019 spending levels by 2025, according to the Global Business Travel Association (GBTA).

Online travel agency MakeMyTrip has announced the launch of ‘Business Class Funnel’ for international flights, with the aim of enhancing the booking experience of first- and business-class travelers. According to a statement, the product will provide travelers with a centralized platform to access information regarding the premium experiences, such as seat recline, meals, and in-flight entertainment, that they would be getting in return for the increased prices for first- and business-class tickets. 

The civil aviation ministry is looking to integrate DigiYatra, the digital initiative for airport check-ins, for international travel. Jyotiraditya Scindia, the civil aviation minister, recently met airport operators to discuss it.

In the fiscal year 2023-24 budget, the Indian government showed its recognition of the immense potential of the travel and tourism sector by allocating INR 24 billion ($290 million).

As Ayodhya undergoes a massive transformation with a projected $10 billion redevelopment, including a new airport, upgraded railway station, township, and improved road connectivity, the town could attract over 50 million tourists annually, according to a report by brokerage firm Jeffries.

MakeMyTrip reported its highest-ever quarterly gross bookings, revenue, and profit in its third quarter for fiscal year 2024.

Despite India’s tremendous growth in aviation, the country remains a highly under-penetrated market, said Indian aviation minister Jyotiraditya Scindia.

IPO-boundhospitality and travel technology company Oyo has announced that it would open around 400 properties in popular spiritual destinations by year end.

Indian online travel agency EaseMyTrip announced on Monday that it has suspended all flight bookings to Maldives in what its Co-Founder and CEO, Prashant Pitti, deemed was in “solidarity with the nation.”

As the year-end holiday season approaches, more people are choosing to travel than stay at home, a MakeMyTripreport suggests. However, traditional Indian leisure spots continue to be a hot favorite. 

Low-cost carrier IndiGois set to be the first airline partner for India’s new Noida International Airportwhen it begins its first phase of operations by the end of next year. 

Trevolution Group reported 37% growth in travel sales across the Indian market during the first three quarters of 2023. Here are some of the key takeaways:

Online travel agency MakeMyTrip announced that it is acquiring a majority stake in Indian intercity car rental company Savaari.

Online travel agency Goibibo announced this week that it has signed Bollywood actress Kareena Kapoor Khan as its brand ambassador.

Embracing the fervor of the Cricket World Cup in India, MakeMyTrip is diving headfirst into the event that’s expected to attract a massive audience. In its latest campaign, the online travel company is enlisting cricket superfans to ensure the quality and hospitality standards of its homestays and villas.