MakeMyTrip Grows Despite Turbulence in India’s Airline Sector

A view inside the main MakeMyTrip offices in Gurgaon, India. On Tuesday the online travel agency group reported its latest earnings. MakeMyTrip Skift Take: The past year has been a horror show for India’s aviation sector. So MakeMyTrip deserves kudos for continuing to grow its air ticketing and overall sales despite the upheaval. But executives … [Read more…]

Why SoftBank’s Second $108 Billion Vision Fund Matters to Travel

The Japanese conglomerate SoftBank Group aims to raise a total of $108 billion for the second Vision Fund, founder Masayoshi Son announced on Friday. Bloomberg Skift Take: With a second Vision Fund, Japan has emerged as the dominant driver of key technologies, many of which apply to travel and tourism. While the first staked ridehailing … [Read more…]