Online travel companies to clock bookings worth $10 billion in FY19

In the first half of FY19 (April-September) the segment players including Paytm, EaseMyTrip and Ixigo are estimated to have clocked total travel bookings of about $5 billion

In a sign of rising popularity of online travel bookings, top online travel agencies (OTAs) including MakeMyTrip, Yatra and Cleartrip are set to cross a milestone of $10 billion (over Rs 720 billion at current exchange rate) in total bookings for the first time, in FY19. Every player in the segment is growing at a minimum 20 per cent and some are claiming a three-digit growth as well.

In the first half of FY19 (April-September), segment players including Paytm, EaseMyTrip and Ixigo are estimated to have clocked total travel bookings of about $5 billion (Rs 360 billion) as the demand