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Decoding the financial performance of India's top OTA players

EntrackrEntrackr · 12m
Decoding the financial performance of India's top OTA players

India's top online travel agency (OTA) players, including MakeMyTrip, Ixigo, EaseMyTrip, and Yatra Online, have reported significant growth and profitability in the last financial year. MakeMyTrip led the pack with a 95% increase in operating revenue, making the majority of its revenue from hotels and packages. Ixigo also saw growth and turned profitable, while EaseMyTrip achieved impressive growth and profitability mainly through air ticketing. Yatra Online also witnessed growth and profitability, generating revenue from air ticketing, hotels and packages, and advertising. However, Cleartrip experienced a decline in scale and increased losses. The market remains attractive for these players due to the expanding middle class and rising overseas travel.

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