Overall outlook for hospitality sector is better: Yatra CEO Dhruv Shringi

Corporate and small and medium enterprises (SMEs) travel is the fastest-growing part of the business, says Yatra CEO and Co-Founder Dhruv Shringi

Nasdaq-listed Indian online travel company Yatra is confident of a break-even in the first quarter of FY20 as promotional cost is getting rationalised. Dhruv Shringi, co-founder and chief executive officer at Yatra, tells Ajay Modi that the company’s business will continue to expand on the back of rising corporate as well as consumer travel bookings. Edited excerpts:

How is the online hotel booking business shaping up this year?

A strong demand was visible in the first half of the year and occupancy rates improved for hotels. However, there is some turbulence in the sector in the past couple of months between some