In Q3 of fiscal 2026, the company demonstrated resilience with robust demand recovery in leisure travel, even amidst temporary regulatory disruptions, supported by strong performance in international travel and innovative AI-driven solutions.
- Air ticketing experienced a year-on-year domestic daily departures growth of 25% in October and November before a December decline due to new flight duty regulations.
- The accommodation segment recorded impressive 20.3% volume growth, driven by strong leisure demand and favorable tax changes, despite moderate gross booking value growth reflecting lower pricing.
- AI initiatives, including personalized trip planning through Myra and enhancements in customer service, have improved engagement and efficiency, particularly in tier two cities, contributing to a 50% increase in voice interactions in non-metro areas.
- The launch of tours and activities expanded the product portfolio, providing customers access to over 200,000 bookable activities across 130 countries, aiming to simplify the planning process for travelers.
- Strong year-end performance is further evidenced by record check-ins on December 25th, indicating a robust market response to the festive season and renewed travel demand.
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