Tuesday, June 25, 2024 Paytm, owned by One 97 Communications Limited (OCL), has partnered with leading global travel aggregators like Skyscanner, Google Flights, and Wego. In Q4’24, Paytm demonstrated a strong upward trajectory in market share among OTAs, with flight bookings witnessing a significant year-on-year increase of approximately 19%, outpacing the industry growth rate of around 3%. This impressive performance is further highlighted by a 15% year-on-year surge in international ticket bookings in April, solidifying Paytm Travel as a top choice for competitive prices and seamless travel services.
A noteworthy milestone for Paytm Travel is the recent NDC integration with Amadeus, featuring airlines on NDCx, along with the addition of other major carriers. This integration leverages artificial intelligence-powered capabilities to enhance the booking experience by offering more personalized travel options and packages directly from the airlines. To provide even more choices for international travelers, Paytm Travel has added three new carriers: Cambodia Angkor Air, SalamAir, and FlyDubai.
Additionally, the platform has expanded its service offerings by onboarding new bus operators, including Mettur, thereby offering customers a wider array of travel options. The introduction of a Free Cancellation service has also gained significant traction, particularly in trains and buses, followed by flights, giving customers greater flexibility and peace of mind. Utilizing Google F.
