Makemytrip Claims Largest Bus Ticketing Inventory.. Online Travel Competition Moves To Non Air Ticketing

With more and more people opting out of air travel for more affordable on ground travel the online ticketing business which is right now mainly dependent on air travel is getting affected too, in the recent WATShow interview Deep Kalra, CEO Makemytrip quoted the total online flight booking is down 21% in Nov, 2008 compared to the last year. Makemytrip which has 40% of it’s business in air travel is planning to grow it’s non-air business to 80% in next three years.

makemytrip

Makemytrip, reportedly has now grown into the largest online bus ticket inventory, It now claims over 8,000 buses, 500 bus operators and over 5000 routes across 14 states in the country. With enough cash flow from it’s Series C funding of $15mn, Makemytrip is going aggressive to capture a larger pie of this huge volume business. As a special offer it is offering 20% cash back to travelers on all bus tickets booked on the website.

This move of Makemytrip might severly affect the smaller standalone players in the market like redbus.in and the recent travelyaari.com but it might not affect much of the holiday package players in general. Redbus.in the prime mover in this space is trying to differentiate itself with the ease of access, it has recently gone mobile partnering with ngpay.

Though still a nascent business, Online Bus ticketing in India is growing at a fast pace lately at a rate of 30% year-on-year, and has a huge untapped potential. It also looks like the competition in the online travel segment is moving away from air to non air segments.

3 Responses to “Makemytrip Claims Largest Bus Ticketing Inventory.. Online Travel Competition Moves To Non Air Ticketing”

  1. January 30, 2009 at 5:44 pm #

    make my trip rocks :)

    Thanks

  2. Shyam
    January 30, 2009 at 6:05 pm #

    I am wondering where makemytrip is getting their inventory from..that’s something they have not spoken about..

  3. Ramesh
    February 2, 2009 at 5:30 pm #

    They take inventory from redbus.in and ticketvala.com. Check some of the routes and compare with these sites. The listed inventory on make my trip is the same as these sites including all other details like timing, spelling of bus travels names (including the spelling mistakes on these sites :) )

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