MakeMyTrip Launches Global Experiences Platform
MakeMyTrip is expanding into the global experiences market with the launch of a new tours and activities booking platform tailored for Indian travelers. The India-based online travel agency announced that the platform will offer access to over 200,000 bookable experiences in 1,100 cities across 130 countries, including theme parks, cultural attractions, sporting events, and major landmarks.
The platform aims to simplify the travel planning process by allowing users to browse and book activities using Indian rupees, eliminating complications tied to foreign currency transactions and fragmented booking tools. These bookings will be integrated into the “My Trips” section of the MakeMyTrip app, alongside flights and hotel reservations for a unified itinerary experience.
MakeMyTrip co-founder and group CEO Rajesh Magow highlighted the importance of experiences in outbound travel spend. He said, “Experiences account for a significant share of spending when Indians travel overseas, yet discovering and booking them remains one of the most fragmented aspects of the journey.” He added that this new offering is a natural step in MakeMyTrip’s vision of being a one-stop solution for all travel-related services.
The launch coincides with MakeMyTrip’s fiscal Q1 2026 earnings report. The company posted gross bookings of $2.61 billion, up 12.4% year-over-year. Total revenue reached $268.8 million, marking a 5.6% rise from the same period last year. Adjusted operating profit increased to $47.3 million, while adjusted net profit grew to $49.4 million.
Performance varied across business segments. Air ticketing revenue rose 4.5% to $60.1 million, while bus ticketing saw significant growth, up 32.6% to $38.8 million. Revenue from hotels and packages, however, dipped 3.5% to $141.6 million.
Despite a strong April, travel demand was affected by two major incidents: a terrorist attack near Pahalgam, Jammu and Kashmir, and a fatal passenger plane crash in Ahmedabad. These events dampened leisure travel demand in May and June. Still, Magow expressed confidence in the sector’s resilience and long-term prospects.
He noted that the company’s diversified business model helped buffer the short-term impacts and maintained solid performance amid challenging conditions. MMT group CFO Mohit Kabra echoed this sentiment, citing the importance of financial discipline and portfolio diversification in weathering market volatility.
With short-term headwinds beginning to ease and consumer sentiment expected to rebound, MakeMyTrip is positioning itself to capture a larger share of India’s growing outbound travel market. The launch of the experiences platform aligns with the company’s broader strategy to create an end-to-end travel ecosystem for Indian consumers worldwide.
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