MakeMyTrip com adjudged the Best Online Travel Agency in India
Released on: December 3, 2007, 7:39 pm
Press Release Author: Navita Berry
Industry: Entertainment
Press Release Summary: First-time winner of the newly-introduced category
Press Release Body: Delhi, December 4th, 2007: MakeMyTrip.com, India's, no. 1 travel portal has been felicitated with the Galileo Express TravelWorld 'Best Online Travel Agency in India' Award. This makes the Company the first-ever recipient of the award for this category introduced this year. The development symbolizes the growing significance of OTAs in the Travel & Tourism Industry in India. Commenting on the win, Mr. Deep Kalra, CEO & Founder, MakeMyTrip.com said, "This is a proud moment for MakeMyTrip.com. While our customers have helped us consistently maintain leadership position in the market, we are extremely thrilled to receive such endorsement of our service and product offerings from an industry body of this stature." He further added, "This is, in fact, a step forward for the Online Travel industry in India. The OTA category has only been introduced this year, and our integration and acknowledgement by the Indian travel and tourism fraternity through this coveted and credible Industry awards signifies a new chapter in our development." Shekhar Gupta, Editor-in-chief and CEO of the Indian Express Group felicitated the winners at the awards ceremony held in Mumbai. Note to the Editor: The Galileo Express TravelWorld Awards were incorporated in 2003 with the objective of promoting professionalism and encouraging the industry to attain higher levels of performance. Deloitte Touche Tohmatsu - consultants of international repute - oversee the overall data collation, evaluation process and ensure transparency.
About MakeMyTrip India
The India business of MakeMyTrip was launched in September 2005. As the first and only comprehensive online travel site with real time booking for flights, hotels, holidays and cars, MakeMyTrip.com is heralding a revolution in the way travel is bought in India.
After a successful launch, MakeMyTrip continues to lead the market with innovative products and services. In 2006 - 2007 it helped people plan over 1 million trips. They sell over 6000 flight tickets, 800 hotel room nights and over 100 holiday packages every day. The site attracts over 3.5 Million unique visitors every month according to ComScore Media Matrix, an independent internet research agency.
Headquartered in Gurgaon, MakeMyTrip crossed Rs. 562 Crores (USD 125 Million) in the last fiscal year, which is approximately 180% growth from the registered sales of Rs. 200 Crores (USD 42 Million) in 2006. The projected turnover for 2007 - 2008 fiscal year ending March 2008 is Rs 1260 crores (USD 280 million), which is 124% growth from the previous year.
About MakeMyTrip US
MakeMyTrip.com was launched in 2000 to cater to the niche USA to India travel market. Since its inception, it has been growing at a fast pace to emerge as the foremost travel website in the US to India market. MakeMyTrip.com has 3.5 % share of this NRI market, which is pegged at Rs 4500 crore (USD 1 Billion).
With over 100,000 customers and 130,000 registered users in the US, MakeMyTrip has a renewal rate of 30%. NRI's can book tickets to India online or call our Travel consultants who are available 24x7 on US toll free 1800-India-10. The unprecedented growth rate, superior technology , excellent customer service and over three years of profitable operations, has established MakeMyTrip as the number one destination for NRI's when looking to book travel to India.
MakeMyTrip offices are located in over 8 cities in India.