MakeMyTrip plans to enter online bus ticketing segment : Alootechie

MakeMyTrip plans to enter online bus ticketing segment : Alootechie: "MakeMyTrip plans to enter online bus ticketing segment

December 14, 2007 | News | Share This

Travel portal MakeMyTrip.com is planning to enter the online bus ticketing segment. “The online bus ticketing business is likely to witness robust growth in the coming years. We are aggressively planning to foray into this sector and are looking for tie-ups with some of the budding online bus-ticketing portals,” Sachin Bhatia, chief marketing officer, MakeMyTrip, has told Economic Times.

According to PhoCusWright, a travel industry research firm, travel portals in India did a business of $800 million in 2006 which is expected to hit $2 billion by 2008. Though the contribution of online bus ticket booking to the overall online travel business is mere 8-10 per cent currently, the share is expected to double in the next three years.

Mayank Bidawatka, marketing head, RedBus.in, has said, “We have been experiencing a 30 per cent month-on-month growth in our revenues.” Some of the other players active in the online bus ticketing space are Ticketvala.com, Yatra.com, TheLuxuryBuses.com, AbhiBus.com and CheckoutTrip.com."