November 16, 2018
Hospitality industry executives look ahead to 2019
There are headwinds ahead for some hotel brand companies and real estate investment trusts, but the overall tone on calls in regards to next year was positive.Read more
With 47,500 Indian properties listed on its website, Booking.com sees India among its top five growing markets.
Speaking exclusively to Indian media at its headquarters here in Amsterdam, Gillian Tans, CEO, Booking.com said, “We see India in our top five growing markets. With more than 47,000 listings, it clearly shows the amount of investment our company is making in the India market. It is a market that is fast growing and it is one that we have prioritised.”
She went on to add that the biggest change she saw in the India market is that more and more consumers are finding their way online. “Companies like MakeMyTrip have really helped open up the market. Even in the non hotel segment, a lot of models like Oyo Rooms have emerged which have professionalised the category. They have standardised the segment and bring a quality layer online,” she said.
Get the full story at The Financial Express
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