Moneycontrol
HomeTravelMaha Kumbh showed how India's spiritual quest turned into material gains for MakeMyTrip, Ixigo, Oyo
Trending Topics

Maha Kumbh showed how India's spiritual quest turned into material gains for MakeMyTrip, Ixigo, Oyo

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.

May 26, 2025 / 11:01 IST
Story continues below Advertisement

Spiritual tourism constitutes nearly 60 percent of domestic tourism, according to a KPMG report titled “Sacred Journeys - Unfolding the Evolution and Growth of Pilgrimage and Spiritual Tourism in India.”

Two of India’s biggest travel technology platforms - MakeMyTrip and ixigo - in their March quarter earnings have underscored the growing segment of spiritual tourism in India and business gains from the Maha Kumbh early this year which took place after 144 years following a rare celestial alignment.

Pilgrimage cities’ volume growth this fiscal saw over 95 percent year-on-year (YoY) growth, helped by heightened interest around the Maha Kumbh at Prayagraj, said Rajesh Magow, Group CEO and Co-Founder, MakeMyTrip India. The travel portal saw a 147 percent on growth during Q4FY25.

Story continues below Advertisement

“We saw strong demand from both first-time and repeat travellers seeking culturally rich and spiritually meaningful experiences. Our focused planning and strong execution around the Maha Kumbh delivered an upside in January and February. We stood out as the only player with accommodation inventory during the peak period, particularly on the alternate accommodation side, and the tent offerings which were fully bookable online, driving both visibility and conversion,” Magow said during the Q4FY25 earnings call.

Revenue Driver