June 21, 2018
Travelers losing interest in home-sharing
According to MMGY Global’s Portrait of American Travelers study, just 33% of respondents are interested in sharing economy accommodations, down from 41% in 2017 and 37% in 2016.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
Read also "Indian startups are awarded the highest grants from Booking.com’s €2 million fund"
Visit our sponsors: