MakeMyTrip

Saudi Tourism Authority and Trip.com Group sign global agreement to significantly boost tourism numbers

Retrieved on: 
Tuesday, March 12, 2024
Growth, Partnership, Travel, AI, Saudi Tourism Authority, Vision 2030, Trip.com Group, Tourism, STA, Skyscanner, G20, Marketing, MakeMyTrip

BERLIN, March 12, 2024 /PRNewswire/ -- Saudi Tourism Authority (STA) and Trip.com Group have announced a significant global partnership, which will drive greater inbound tourists to Saudi Arabia as part of its Vision 2030 program.

Key Points: 
  • BERLIN, March 12, 2024 /PRNewswire/ -- Saudi Tourism Authority (STA) and Trip.com Group have announced a significant global partnership, which will drive greater inbound tourists to Saudi Arabia as part of its Vision 2030 program.
  • The joint effort aims to bring over 350 thousand additional tourists to Saudi over the course of the agreement.
  • This partnership is significant, as it coincides with a period of exceptional growth and transformation in the global tourism industry.
  • "Our team is thrilled to strengthen cooperation with the Saudi Tourism Authority, deepening collaboration across products, technology, and marketing to promote the captivating destinations of Saudi Arabia.

Aeries Technology, Inc. Announces Two Executive Appointments

Retrieved on: 
Monday, November 13, 2023
Consulting, Asset Management, Professional Services, Finance, Sale, Freescale Semiconductor, MakeMyTrip, UST (company), Carvana, Lightower Fiber Networks, Record, Acquisition, Sidera Networks, Bachelor of Technology, Zulily, Paytm, Head, Investment, HarbourVest Partners, History, FP, Columbia Business School, Bank, Crediton, Brigham Young University, GE Capital, Pinterest, Delivery Hero, Master of Accountancy, IIT Kharagpur, Thrillist, Credit, IPO, MBA, Integral Ad Science, Internet, Growth, Family, Momentive (software company), AI, Microsoft, Bank of America, Innovation system, Corporate finance, Arista Networks, Initial public offering, Trivago, Management, Plarium, Citigroup, Costar, Aerie Pharmaceuticals, Purple, Grubhub, Dosh, Walmart, Intuit, Fiverr

“I am thrilled to welcome both Rajeev and Daniel to the Aeries family,” said Sudhir Panikassery, Chief Executive Officer and Co-Founder of Aeries.

Key Points: 
  • “I am thrilled to welcome both Rajeev and Daniel to the Aeries family,” said Sudhir Panikassery, Chief Executive Officer and Co-Founder of Aeries.
  • Previously, he served as the Chief Financial Officer of McLaren Technology Acquisition Corp. from 2021 to 2023, helping to lead their IPO and raising $205 million.
  • Mr. Nair earned his MBA from Columbia Business school and his Bachelor of Technology from IIT Kharagpur.
  • As an investment banker and private equity investor, he worked on transactions totaling approximately $40 billion in transaction value for disruptive technology companies.

Travel Market to grow by USD 3,392.95 billion from 2022 to 2027 | Growing popularity of experiential travel boosts the market growth - Technavio

Retrieved on: 
Friday, October 20, 2023
American Express Global Business Travel, Policy, Urbanization, Medical tourism, Omega World Travel, Inc. v. Mummagraphics, Inc., MakeMyTrip, Growth, City, Travel, Transport, Geography, Booking Holdings, JPMorgan Chase, Leisure, Economic development, Tourism, USD, Expedia Group, JTB Corporation, GBT, Corporate travel management, Airline

NEW YORK, Oct. 19, 2023 /PRNewswire/ -- The travel market is estimated to grow by USD 3,392.95 billion billion from 2022 to 2027, growing at a CAGR of 14.18%.

Key Points: 
  • NEW YORK, Oct. 19, 2023 /PRNewswire/ -- The travel market is estimated to grow by USD 3,392.95 billion billion from 2022 to 2027, growing at a CAGR of 14.18%.
  • The travel market is fragmented owing to the presence of many global and regional companies.
  • The medical tourism market size is estimated to decline at a CAGR of 20.26% between 2022 and 2027.
  • The golf tourism market size is estimated to grow at a CAGR of 7.14% between 2022 and 2027.

Business Travel Market size to grow by USD 1,535.23 billion between 2022 to 2027| Growing Technological Advances to boost the market growth - Technavio

Retrieved on: 
Thursday, October 12, 2023
Online, Walmart, Christopherson Business Travel, Booking Holdings, MakeMyTrip, GBT, USD, Travel, Internal, Marketing, Growth, Business travel, American Express Global Business Travel, FCM Travel Solutions, Online shopping, Semiconductor, Tourism, Geography

Growing technological advancements are fueling growth in the global business travel market.

Key Points: 
  • Growing technological advancements are fueling growth in the global business travel market.
  • Key Factor driving the Business Travel Market growth:
    Technological advancements drive growth in business travel.
  • Major challenges hindering the market growth- The improper management of travel plans is a major challenge in the business travel market.
  • Online Travel Booking Platform Market : The Global Online Travel Booking Platform Market size is estimated to grow by USD 1,107.21 billion at a CAGR of 14.85% between 2022 and 2027.

India - Travel Services Market size to grow by USD 13.46 billion from 2022 to 2027 | Market is fragmented due to the presence of prominent companies like Airbnb Inc., ANI Technologies Pvt. Ltd., Booking Holdings Inc., and many more

Retrieved on: 
Wednesday, October 4, 2023
Online, Booking Holdings, Yatra, MakeMyTrip, IRCTC, Indian Railway Catering and Tourism Corporation, Tourism, Airbnb, Expedia Group, USD, Wilderness Films India Ltd., Apartment, Mahindra, Tripadvisor, Uber Technologies Inc v Heller, Growth, ITC, House, Semiconductor, Online shopping, Travel

The travel services market in India is fragmented owing to the presence of many global and regional companies.

Key Points: 
  • The travel services market in India is fragmented owing to the presence of many global and regional companies.
  • A few prominent companies that offer travel services market in India are Airbnb Inc., ANI Technologies Pvt.
  • India - Travel Services Market 2023 – 2027:  Market Dynamics:
    Impactful driver- One of the primary drivers of the growth of the Indian travel services market is the rising number of international tourists.
  • Travel Market: The travel market size is estimated to grow at a CAGR of 14.18% between 2022 and 2027.

MakeMyTrip Limited to report Fiscal 2023 Fourth Quarter and Full Year Financial & Operating Results on May 16, 2023

Retrieved on: 
Friday, May 5, 2023
Zoom, Gurgaon, MakeMyTrip, IST, EDT, Clothing

MakeMyTrip Limited to report Fiscal 2023 Fourth Quarter and Full Year Financial & Operating Results on May 16, 2023

Key Points: 
  • MakeMyTrip Limited to report Fiscal 2023 Fourth Quarter and Full Year Financial & Operating Results on May 16, 2023
    Gurugram and New York, May 05, 2023: MakeMyTrip Limited (Nasdaq: MMYT) plans to report its fiscal 2023 fourth quarter and full year financial and operating results before markets open on Tuesday, May 16, 2023.
  • The company will post the release on its Investor Relations website https://investors.makemytrip.com/ and will not be distributing over newswires.
  • A live Zoom Webinar with the senior management team will also be hosted on May 16, 2023 at 7:30 am EDT or 5:00 pm IST through the company’s Investor Relations website at https://investors.makemytrip.com/ .
  • A replay of the event will be available on the company’s Investor Relations website approximately two hours after the conclusion of the live event.

The Global Online Travel Booking Platform Market is forecast to grow by $1107.21 bn during 2022-2027, accelerating at a CAGR of 14.85% during the forecast period

Retrieved on: 
Tuesday, March 28, 2023
Online, Booking Holdings, ODIGEO, MakeMyTrip, Travel, EDreams, TUI, Expedia Group, SRO, Tripadvisor, Wilderness Films India Ltd., Research, Trip.com Group, TUI AG, EDreams ODIGEO, Online shopping, Retail

This study identifies the increasing adoption of online payment platforms as one of the prime reasons driving the online travel booking platform market growth during the next few years.

Key Points: 
  • This study identifies the increasing adoption of online payment platforms as one of the prime reasons driving the online travel booking platform market growth during the next few years.
  • Also, the expansion of low-cost carriers and dynamic pricing will lead to sizable demand in the market.
  • Our report on the online travel booking platform market covers the following areas:
    This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading online travel booking platform market vendors that include Airbnb Inc., BlueStar Air Travel Services I Pvt.
  • Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Mystifly Closes $8M in Pre Series B Funding

Retrieved on: 
Friday, March 24, 2023
Online, JPMorgan Chase, Software as a service, MakeMyTrip, Travel, LCC, RSI, EM News Distribution, API, OTA, Global distribution system, CSVP, NDC, Name, Recruit, Investment, Air travel, Growth, Airline, Tourism, EaseMyTrip, Mystifly, Priceline

Mystifly is also paving the way to democratize air travel sales allowing any business to build an 'embedded travel' integration for their captive audience.

Key Points: 
  • Mystifly is also paving the way to democratize air travel sales allowing any business to build an 'embedded travel' integration for their captive audience.
  • With this Pre-series B funding, Mystifly plans to extend the market reach of its SaaS products and services.
  • Mystifly was founded in Bangalore and is now headquartered in Singapore since 2015 with a growing team of 250+ people.
  • Mystifly is leading this change and empowering intermediaries to be digital first while also offering enhanced attributes to make consumer's decision-making easier.

Mystifly Closes $8M in Pre Series B Funding

Retrieved on: 
Friday, March 24, 2023
Online, JPMorgan Chase, Software as a service, MakeMyTrip, Travel, LCC, RSI, EM News Distribution, API, OTA, Global distribution system, CSVP, NDC, Name, Recruit, Investment, Air travel, Growth, Airline, Tourism, EaseMyTrip, Mystifly, Priceline

Mystifly is also paving the way to democratize air travel sales allowing any business to build an 'embedded travel' integration for their captive audience.

Key Points: 
  • Mystifly is also paving the way to democratize air travel sales allowing any business to build an 'embedded travel' integration for their captive audience.
  • With this Pre-series B funding, Mystifly plans to extend the market reach of its SaaS products and services.
  • Mystifly was founded in Bangalore and is now headquartered in Singapore since 2015 with a growing team of 250+ people.
  • Mystifly is leading this change and empowering intermediaries to be digital first while also offering enhanced attributes to make consumer's decision-making easier.

MakeMyTrip Limited to Report Fiscal 2023 Third Quarter Financial & Operating Results on January 31, 2023

Retrieved on: 
Friday, January 20, 2023
EDT, IST, Report, Zoom, MakeMyTrip, Gurgaon, Clothing

MakeMyTrip Limited to Report Fiscal 2023 Third Quarter Financial & Operating Results on January 31, 2023

Key Points: 
  • MakeMyTrip Limited to Report Fiscal 2023 Third Quarter Financial & Operating Results on January 31, 2023
    Gurugram and New York, January 20, 2023: MakeMyTrip Limited (Nasdaq: MMYT) plans to report its fiscal 2023 third quarter financial and operating results before markets open on Tuesday, January 31, 2023.
  • The company will post the release on its Investor Relations website https://investors.makemytrip.com/ and will not be distributing over newswires.
  • A live Zoom Webinar with the senior management team will also be hosted on January 31, 2023 at 7:30 am EDT or 6:00 pm IST through the company’s Investor Relations website at https://investors.makemytrip.com/ .
  • A replay of the event will be available on the company’s Investor Relations website approximately two hours after the conclusion of the live event.