TRENDING NEWS
  • Germany forecasts tourism surge during UEFA Euro 2024
  • Modi urges toursits to spend 105 of their travel budget to purchase local goods
  • Kerala to undertake intiatives to promote the state as global meeting veue
  • Swiss cancels plans for domestic A340 this summer
  • Scandron receives DGCA logistics drone certificate
  • Air India, Tata Advanced System to invest INR 2,300cr in Karnataka
  • Plan is to bring Air India on the same level as Vistara: CEO

Cleartrip aims to expand hotel business in 2023

Hotels will be the single biggest focus area for Flipkart-owned travel portal Cleartrip following the relaunch of the vertical about seven months ago, with aims to expand its partner hotel network from 20,000 to 80,000 this year, across two- to five-star categories.

In 2023, Cleartrip intends to add 60,000 more hotels to its listings, chief executive officer Ayyappan R. said in an interview. “In three years, we want hotels to be our number one business and not air. Even during the best of times, hotel had only 60-65% occupancy in the country, and is a very perishable inventory. We need to have a solution for it. In the online travel aggregator (OTA) space, even the largest player has air as its biggest business vertical. For us, we are very clear, it will commercially be a very important segment as it will not just be about taking the share away from other OTAs, but building ourselves a new segment.” About 50% of airline transactions happen online, while it is just 20% for hotels, he said.

Read Previous

10 Iconic San Francisco Eats & Drinks That Every Visitor Must Try

Read Next

Go First expects INR 210cr under ECLGS

Most Popular

Download Magazine