Expedia plans to increase its share in Indian travel market

Of the $22 billion India's travel market, transactions worth $7 billion (Rs 35,000 crore) happen online at present; To invest $20 million (Rs 100 crore) in India by 2013

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Travel News

The US-based Expedia that entered Indian market in early 2008 has chalked out plans to capture a larger share of the country's $22 billion (Rs 113,000 crore) travel market. 

"Online travel and flight bookings in India is growing annually at a robust 32-33%, which is one of the fastest across the world," Dan Lynn, CEO Expedia Air Asia told HT. "This is the right time to step up our business initiatives."

Lynn added that the company's growth strategy lies in offering complete travel packages that would include booking for hotels and buses apart from the flight tickets.

Of the $22 billion India's travel market, transactions worth $7 billion (Rs 35,000 crore) happen online at present.

"We will offer, 'pick and choose' facility wherein an individual can choose hotels and flights according to their budget and preference," he said and added that most other travel sites offer pre-packages tour options that leave little choice for a customer.

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