Rajesh Magow, co-founder & group CEO, MakeMyTrip expects a double digit growth in traffic on the platform due to the campaign launch.
According to MakeMyTrip, the human-like conversation system is powered by a network of specialised AI agents across categories like flights, hotels, trains, forex, visas, and transport.
MakeMyTrip is offering 14 million new shares, and is also seeking to raise $1.25 billion from the sale of zero-coupon convertible bonds, according to a statement Monday
Spiritual tourism is increasing driving revenue of travel companies such as ixigo, MakeMyTrip and OYO, with the younger demographic emerging as a significant growth driver in this category. The rising trend has also prompted strong projections of job creation as well as revenue growth.
Alia Bhatt is a brand ambassador of travel company MakeMyTrip and has recently attended an event celebrating 25 years of the brand. Alia looks stunning in a pant suit.
The AI model analyses past searches, booking patterns, and customer reviews to provide tailored recommendations.
MakeMyTrip, Bharti Airtel, Infosys, Persistent Systems are the four stocks that global brokerage JPMorgan believes are high conviction ideas.
The contribution of corporate segment (myBiz and Quest2Travel) has risen to high single-digit to the company's revenue of $267.4 million for Q3FY25, signaling a momentum of a strong growth trajectory. Alternate accommodations segment contribute 10 percent to the total accommodation volume on our platform.
The MakeMyTrip's data assumes significance as it comes in the backdrop of rising concerns about a decline in Goa's tourism, particularly from foreign visitors and viral social media posts, showing images of empty beaches and closed shacks.
As part of the agreement, Happay's brand, expense management business, and its team will transition to MakeMyTrip, while CRED will retain Happay’s payments division.
Revenue from air ticketing business increased by 25.6 percent in July-September period, driven primarily due to the robust travel demand in India, the company said.
This credit card is ideal for frequent MakeMyTrip users, offering versatility and value. Rewards, however, are restricted to MMT bookings and international lounge visits are limited
The company reported a profit of $21 million, up from $18.6 million during the same period a year ago.
Magow, in an interview with Moneycontrol, said that he expects four new regional airlines to start operations in India soon, and that the likes of IndiGo and Air India are likely to launch more flights to Europe.
The company's co-founder and group CEO said the online travel platform has been cash-accretive for the last three years and has managed to increase the cash balance to around $600 million.
Budget 2024-25: Rajesh Magow, Co-founder & Group CEO of MakeMyTrip thinks the time is right for the FM to build on the momentum the travel and tourism industry is in at the moment and introduce certain changes that would incentivise the players
The trends indicated preferences of Indian travellers by analysing the data for March-April 2024 in comparison to the same period last year
Documents show that these apartments ranging between 7,430 sqft and 10,813 sqft were booked and purchased between 2017 and 2023 but the conveyance deeds were executed in March 2024. The cumulative price of these properties was Rs 127.5 crore.
MakeMyTrip has expanded its reach to several countries, including major travel markets like the UK, Germany, Japan, Italy, France, and many others, from previously being operational in India, the US, and the UAE, the company said in a statement.
The petition said that the collection of sensitive information such as name, phone number, Aadhaar and passport by major travel platforms is a cause of concern as it compromises users’ privacy
For your summer vacation planning only focussing on the cheapest package will not make for a very happy holiday. So research thoroughly, and choose wisely.
With this alliance, Meradoc's digital-health platform and its services will now become available 24x7 on a real-time basis to MakeMyTrip customers across India, the company said in a statement.
Under the Memorandum of Understanding (MoU), online travel firm MakeMyTrip will provide offline and online training sessions to existing and upcoming homestay operators to help them understand the various nuances of promoting and running such properties effectively, Madhya Pradesh Department of Tourism said in a statement.
"Together with Zoho, we aim to provide a comprehensive suite that impeccably integrates with existing systems for businesses of all sizes," MakeMyTrip Chief Marketing Officer and Chief Business Officer – Corporate, Raj Rishi Singh said.
While several stocks can benefit from the affluence trend, these stocks have a secret sauce that will get them ahead