Online Travel Companies
EaseMyTrip to establish offline retail stores through franchise model
Products and services that will be offered under the EaseMyTrip Franchise will include flight booking, group fares, hotels, holidays, IRCTC (rail booking), cabs, buses, cruises, charters, and visas
 "EaseMyTrip to establish offline retail stores through franchise model")
Have adequate funds to survive any Covid curbs: MakeMyTrip CEO Magow
In an interview with Business Standard, MakeMyTrip CEO Rajesh Magow talks about the steps the company took to emerge stronger from the Covid setback will help them withstand any uncertainty
 "Have adequate funds to survive any Covid curbs: MakeMyTrip CEO Magow")
Hotels to tickets: Travel return fuels growth for online travel aggregators
EaseMyTrip, Airbnb and OYO among companies reporting steady growth in business as pandemic wanes
 "Hotels to tickets: Travel return fuels growth for online travel aggregators")
Cleartrip 2.0: The second coming of the 16-year-old travel company
Cleatrip, which was acquired by Flipkart in a distress sale last year now becoming one of the fastest-growing online travel platforms
 "Cleartrip 2.0: The second coming of the 16-year-old travel company")
In peak tourist season, the queue for visas is getting impossibly long
Due to visa processing delays the representatives of travel agents plan to write to foreign embassies to highlight the problem
 "In peak tourist season, the queue for visas is getting impossibly long")
MakeMyTrip to enhance business-to-business segment to tap corporate travel
MakeMyTrip said it is planning to enhance its business-to-business segment, targeting large corporates and MSMEs to tap the opportunity in domestic corporate travel.
 "MakeMyTrip to enhance business-to-business segment to tap corporate travel")
Cleartrip to raise employee headcount by 40% in coming quarter
The additional hiring will be across tech, product, growth and emerging business areas, it added
 "Cleartrip to raise employee headcount by 40% in coming quarter")
EaseMyTrip net profit zooms over four-fold to Rs 27 crore in Sept quarter
The online travel firm on Tuesday reported an over four-fold jump in consolidated net profit
 "EaseMyTrip net profit zooms over four-fold to Rs 27 crore in Sept quarter")
Early recovery for travel portals, little impact of likely third wave seen
Higher pace of vaccination, lifting of lockdown curbs is aiding recovery; but it is clipped as only 72.5% of airlines are allowed to fly as per present rules
 "Early recovery for travel portals, little impact of likely third wave seen")
Air traveller numbers treble from May low as states get into unlock mode
But the grim reality is that the average daily passengers for June from the second week is still around 40 per cent of the levels reached in March when it rose to 313,000 passengers a day
 "Air traveller numbers treble from May low as states get into unlock mode")
Holiday first, pay later: Offer suited only to travellers with deep pockets
No amount blocked on advance booking but such borrowing is reckless
 "Holiday first, pay later: Offer suited only to travellers with deep pockets")
From Marriott to MakeMyTrip, hotels and travel firms look for summer relief
Most hotels expect a marked improvement in the June quarter numbers compared to the December quarter
 "From Marriott to MakeMyTrip, hotels and travel firms look for summer relief")
Real estate, travel and tourism blues hit India's consumption story
Experts say despite the revival in the sales of essential goods, several sectors are continuing to drag private consumption down.
 "Real estate, travel and tourism blues hit India's consumption story")
Travel firms roll out discounts in domestic circuit to woo customers
With only a few foreign destinations welcoming tourists, players such as Thomas Cook, Yatra.com and MakeMyTrip are tapping demand for stays in villas, havelis and forts with local experiences
 "Travel firms roll out discounts in domestic circuit to woo customers")
Yatra.com aims to become digital services platform: CEO Dhruv Shringi
The company is taking certain steps especially on the corporate side of business
 "Yatra.com aims to become digital services platform: CEO Dhruv Shringi")
MakeMyTrip narrows adjusted operating cash loss to $5.5 mn in Q4
Total Adjusted Revenue falls to $137.2 million in the quarter ended March 31, 2020 from $163.3 million in the same quarter last year
After Covid-19, clients will look at WFH issues: HCL Tech's C Vijayakumar
C Vijayakumar, president and chief executive officer of HCL Tech, tells Neha Alawadhi that though demand has fallen in some sectors, others continue to be strong.
 "After Covid-19, clients will look at WFH issues: HCL Tech's C Vijayakumar")
What makes IRCTC click in the travel sector amid the Covid-19 pandemic?
Amid the market sell-off, travel service companies such as Thomas Cook and Cox & Kings have been falling like ninepins, Indian Railway Catering & Tourism Corporation (IRCTC) has emerged as an outlier
 "What makes IRCTC click in the travel sector amid the Covid-19 pandemic?")
Planning to go abroad? Check with insurer if it will cover coronavirus
If you cancel your ticket, will you be refunded? Before you choose to go, here are a few things that will help you make the right choice
 "Planning to go abroad? Check with insurer if it will cover coronavirus")
Coronavirus: Online travel firms offer refund after spike in cancellations
"…travellers are being cautious in making their (outbound) travel plans," said a spokesperson at MakeMyTrip
 "Coronavirus: Online travel firms offer refund after spike in cancellations")
