Travel Portals

MakeMyTrip Q2FY25 results: Revenue up 26.5% year-on-year, bus and air ticketing see significant rise

Almost 50 per cent of Gen Z in India are planning for their first independent international trip, reveals a new survey, with over 80 per cent of them choosing to embark only after cashing in their first paycheck. The survey, conducted by the global travel marketplace Skyscanner, said while two in three young Indians are diligently saving, only one in five utilise buy-now-pay-later options to make their travel dreams a reality sooner. "There is a strong desire for travel among India's Gen Z (aged 18-25). Nearly half (47 per cent) of them are eagerly planning leisure trips abroad, without their parents or guardians, fueled by their deep desire for exploration and new adventures (49 per cent)," said the report. Interestingly, according to the report, titled "First Trip with Skyscanner", financial independence is key to Gen Z, with a whopping 81 per cent choosing to plan their first overseas adventure after landing their first job or receiving their first paycheck. The results also she

Insurers are reaping the benefits of firming hopes of a soft landing, and wage growth in a still-tight labor market that has ensured job security

Car sharing marketplace Zoomcar and EaseMyTrip on Tuesday announced a partnership allowing users to book self-drive cars on the latter's online travel platform. With this partnership Zoomcar's wide range of self-drive cars has been seamlessly integrated into the EaseMyTrip platform, allowing users to book their preferred Zoomcar directly from the EaseMyTrip app offering travellers convenience and flexibility in planning their journeys, the two companies said in a statement. EaseMyTrip users will now have access to Zoomcar's fleet of over 25,000 cars, spanning a diverse range of models from hatchbacks to sedans to SUVs like Kia Carens, Hyundai Creta, Tata Nexon, and MG Astor, among others, it added.

Global digital travel platform Agoda will continue the accelerated rate of onboarding of accommodation properties in India, its fastest-growing market and a global travel powerhouse, its CEO Omri Morgenshtern said on Tuesday. The company is also looking to enhance partnerships with local firms in the travel and hospitality sector in the country to tap the huge potential of inbound and outbound traffic from the country. "India is the fastest growing country for us, by far, faster than anybody else. So, we are acquiring (onboarding) properties in India much faster than anywhere else," he told PTI in an interview from Bangkok. On the significance of adding more accommodation properties, he said, "We recognise that bringing more properties in, is a part of localisation because if you want to cater to more Indian travellers from different geographical areas and also from different income levels, then you need to grow". Beyond the metros with four and five-star hotels, he said Agoda is .

Indian women hosts collectively earned over Rs 200 crore through hosting on Airbnb in 2023, the online accommodation hosting platform said on Tuesday. In 2023, women Hosts in India, constituting nearly 30 per cent of the country's Airbnb hosting community, have been instrumental in creating unique guest experiences, the company said in a statement. "Indian women hosts collectively earned over Rs 200 crore (USD 28 million) in 2023, showcasing the profound impact of women in stimulating local economies and supporting community growth," it added. "Women play a vital role in fueling economies, by driving growth and social transformation. At Airbnb, we are committed to creating an inclusive, diverse, equitable community for our women hosts and guests," Airbnb India, Southeast Asia, Hong Kong and Taiwan General Manager Amanpreet Bajaj said. He further said, "By promoting safe, respectful, and welcoming spaces, Airbnb aims to empower women hosts and travellers alike, envisioning travel as

Catch all the latest news updates LIVE from across the world

Travel service solutions provider Mystifly on Wednesday said it is joining forces with Google Cloud to drive growth and innovation in the travel technology sector. The collaboration centres around integrating Mystifly's Smart Selling Platform (SSP) with Google's cutting-edge cloud services and generative AI capabilities. Mystifly Chief Executive Officer Rajeev Kumar said, "Our partnership with Google Cloud supports Mystifly's mission to modernize travel infrastructure across the entire ecosystem, delivering solutions that bridge old and new technologies and catering to the discerning needs of travellers and the efficiency of sellers and suppliers." The B2B (business to business) company was founded in 2009. Kumar said the company is solving core infrastructure problems because "at the end of the day, you can only deliver great B2C (business to consumer) experiences if the infrastructure is addressed". He said 85 per cent of Mystifly's business and total revenues come from outside

Travel services provider MakeMyTrip on Tuesday reported a profit of USD 2 million for the September quarter, on the back of sustained elevated travel demand in India. The company, listed on Nasdaq, had reported a loss of USD 6.8 million in the year-ago period, it said in a regulatory filing. It also reported an EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of USD 13.5 million for the quarter under review, as against USD 10.7 million in the second quarter of FY23. "We witnessed strong growth both in terms of Gross Bookings and profitability despite the second quarter of fiscal year being a seasonally weaker quarter for leisure travel. For Q2 FY24, Gross Bookings grew by 23.8 per cent YoY (Year-on-Year) in constant currency to USD 1.8 billion from USD 1.5 billion in Q2 FY23," the company stated. Adjusted Operating Profit was USD 28.2 million in Q2 FY24 as compared to USD 15.1 million in Q2 FY23, registering a growth of 86.8 per cent YoY, it added. The comp

Bike and auto-rickshaw aggregator Rapido has drawn up plans bring on board 200 women drivers over the next three months, the company said on Friday. Currently, Rapido Auto has engaged 50 female 'captains' hailing from diverse backgrounds in the city for its ride-hailing service, and it aims add more than 200 active captains in the next three months through collaborations with various Coimbatore-based non-governmental organisations, the company said in a release. Rapido will equip the women captains with essential safety and driving skills through the comprehensive training programme in collaboration with the NGOs. It also plans to launch micro-loans and family health insurance for women auto captains in Coimbatore, the release added. This initiative would enable women to earn between Rs 800 and Rs 1,000 a day, translating to a monthly income of Rs 25,000 to Rs 30,000, it added. "Rapido Auto, as a company, is deeply committed to fostering gender empowerment and inclusivity. Our jour

The initial public offer of travel company Yatra Online received a 30 per cent subscription on the second day of the issue on Monday. The Rs 775-crore IPO received bids for 94,27,005 shares against 3,09,42,356 shares on offer, according to NSE data. The category for retail individual investors (RIIs) was subscribed 1.34 times while the quota for non-institutional investors received a 9 per cent subscription and the qualified institutional buyers (QIBs) portion was subscribed 6 per cent. The initial public offer has a fresh issue of up to Rs 602 crore and an offer for sale of up to 1,21,83,099 equity shares. The price range for the offer is Rs 135-142 a share. At the upper end of the price band, the IPO will fetch up to Rs 775 crore. Yatra Online on Thursday said it has mobilised Rs 348.75 crore from anchor investors. Proceeds from the fresh issue worth up to Rs 150 crore will be utilised towards strategic investments, acquisitions and inorganic growth and up to Rs 392 crore toward

Online travel service provider Easy Trip Planners Ltd on Monday reported a 21.82 per cent decline in consolidated net profit at Rs 25.9 crore for the June quarter. The company had posted a consolidated net profit of Rs 33.13 crore in the year-ago quarter, Easy Trip Planners, which operates under the brand EaseMyTrip, said in a regulatory filing. Consolidated revenue from operations during the first quarter of the current fiscal stood at Rs 124.05 crore, as against Rs 87.58 crore a year ago, it added. Total expenses were higher at Rs 91.56 crore, as compared to Rs 47 crore in the same period a year ago, the company said.

Seeking a valid US passport for that 2023 trip? Buckle up, wishful traveller, for a very different journey before you step anywhere near an airport. A much-feared backup of US passport applications has smashed into a wall of government bureaucracy as worldwide travel rebounds toward record pre-pandemic levels with too few humans to handle the load. The result, say aspiring travellers in the US and around the world, is a maddening pre-travel purgatory defined, at best, by costly uncertainty. With family dreams and big money on the line, passport seekers describe a slow-motion agony of waiting, worrying, holding the line, refreshing the screen, complaining to Congress, paying extra fees and following incorrect directions. Some applicants are buying additional plane tickets to snag in-process passports where they sit in other cities in time to make the flights they booked in the first place. So grim is the outlook that US officials aren't even denying the problem or predicting when

A group of 40 bike taxi drivers have sought Delhi Transport Minister Kailash Gahlot's intervention against any enforcement or action by the city government against them. The Delhi government launched a crackdown against bike taxis in February. In a memorandum submitted to Gahlot's office, the group said the Delhi government is adamant about banning their services. "We will face difficulties in meeting household expenses, getting our children educated and getting our parents treated," read the memorandum. The memorandum also said that while the delivery services continued unabated, the bike taxi drivers were being "targeted". The Supreme Court had on Monday stayed a Delhi High Court order that essentially allowed Rapido and Uber to operate in the national capital by asking the Delhi government not to take any coercive action against them till a new policy was formulated. A vacation bench of Justices Aniruddha Bose and Rajesh Bindal at the Supreme Court granted liberty to the two .

India's top court on Monday backed the city government's ban on bike taxis in a setback for U.S. ride-hailing company Uber which had legally challenged authorities to continue offering the services

Currently the products are only sold to those buying tickets, hotel accommodation on its site. But now it will be offering insurance products even to those who don't

They were riding on the promise of steady double-digit growth, but with travel restrictions and cancellations, their problems are mounting

A growing number, millennials in particular, is looking for alternatives to hotel bookings when planning a holiday

Legal experts are going through the high court order and an appeal challenging the verdict is likely to be filed in Supreme Court