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“We are witnessing a golden era for Indian OTAs”
Businessworld India
|September 10, 2022
The travel industry is on a revival path and so is the business of the online travel agencies (OTAs). EaseMyTrip that got listed at the BSE last year continues to do well at the bourses. PRASHANT PITTI, Co-founder, EaseMyTrip tells ASHISH SINHA about revival in the travel sector, highlights of the first quarter and much more.
Do you see a revival in the travel industry? By when do you expect a complete revival?
We are actually witnessing the golden years for the Indian OTAs (online travel agencies) as the travel and aviation industry is witnessing an upward growth trajectory. With the surge in demand and revenge travel, the industry is reviving sooner than anticipated and is seeing a positive outlook once again. People are not shying away from travelling. That said, our profits itself jumped by 125 per cent year-on-year and 45.36 per cent month-on-month in Q1FY23 which shows the recovery is on the right track.
Please expand on the first quarter highlights?
Dit verhaal komt uit de September 10, 2022-editie van Businessworld India.
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