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Stock impact report

India's Largest Online Travel Agencies Aren't at War, But They Are in a Race [Yahoo! Finance]

Yatra Online, Inc. - Ordinary Shares (YTRA) 
Last yatra online, inc. - ordinary shares earnings: 1/31 06:05 am Check Earnings Report
US:NASDAQ Investor Relations: investors.yatra.com/home/default.aspx
Company Research Source: Yahoo! Finance
But the country's largest online travel agencies are not going to go to war; rather, they're in a race for who can leverage the growth opportunities first and then on a long-term basis. “I don't lose sleep about some competitor doing something for a month,” said Dhruv Shringi, co-founder and CEO of Yatra Online at the Skift India Summit 2024 in Gurugram, India. He said that operators need a long-term plan for growing in India travel. “You need a strategy for long-term retention of customers.” By 2027, India is slated to become the world's fifth-largest outbound travel market, and as the world's most populous country, is on a fast-track to become an immense domestic tourism hub. Given the sheer size and potential of India tourism, there's room for multiple competitors, said Rajesh Magow, co-founder and Group CEO of MakeMyTrip. “If you look 30 years from now, it's a massive market. Whoever executes best will grow.” “Look at the growth rates, you will only see this market growing Show less Read more
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