EaseMyTrip in a market that is going to grow at a CAGR of more than 14-15 percent on an annual basis for the next 10 years

https://youtube.com/shorts/b46qdF2kV20?si=Gd40xCv6o1j_yumI

 

EaseMyTrip in a market that is going to grow at a CAGR of more than 14-15 percent on an annual basis for the next 10 years

  • EaseMyTrip wants to focus on enhancing profitability in the current fiscal year
  • The travel-tech platform is targeting a CAGR that is double the market's expected 10-15 percent
  • "We are in a market that is going to grow at a CAGR of more than 14-15 percent on an annual basis for the next 10 years. At EaseMyTrip, we are striving to grow at double the pace of the market," 
EaseMyTrip observed an increase in bookings for the upcoming Christmas week, with a year-on-year surge of 20-30 percent

  • EaseMyTrip , expects a "blockbuster quarter" during the festive season. The platform has observed an increase in bookings for the upcoming Christmas week, with a year-on-year surge of 20-30 percent.

  • In a conversation with CNBC-TV18, Prashant Pitti, Co-founder of EaseMyTrip, expressed optimism about the current quarter, particularly during Christmas, which coincides with a long weekend. He noted that the winter vacation season is favourable for business, with 3.5 million people expected to arrive in India, contributing to the growth of the travel and tourism industry

  • The increased bookings reflect a rising enthusiasm among consumers for festive travel plans as the travel industry continues to recover

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