Will Travel Platforms Get Relief?

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SUMMARY

The likes of MakeMyTrip, ixigo, Easemytrip, Cleartrip and others expect a hit on their revenues and a slowdown amid cancellations for air ticketing and holiday packages

The drop in search volume reflects growing traveller hesitation, and OTAs are already bracing for further declines if the situation persists

A source within one of the OTAs told Inc42 on condition of anonymity that flight searches dropped by 23% week-on-week during the past fortnight

India’s travel tech and online ticketing agent startups and listed…



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Will Travel Platforms Get Relief?


SUMMARY

The likes of MakeMyTrip, ixigo, Easemytrip, Cleartrip and others expect a hit on their revenues and a slowdown amid cancellations for air ticketing and holiday packages

The drop in search volume reflects growing traveller hesitation, and OTAs are already bracing for further declines if the situation persists

A source within one of the OTAs told Inc42 on condition of anonymity that flight searches dropped by 23% week-on-week during the past fortnight

India’s travel tech and online ticketing agent startups and listed…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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