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Cleartrip's non-air bookings reach 27% of revenue as it targets full profitability next year

Our read

Cleartrip took non-air from about 10% to 27% of revenue in 18 months by directly contracting roughly 600,000 hotels in 2,000+ cities, so operators facing thin-margin core categories should treat owned supply deals, not aggregation, as the way to add higher-value mix.

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Company disclosure of non-air share passing 40% on the path to its end-of-next-year target

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What else has Cleartrip done in the last three months?

The report

Cleartrip says non-air bookings now contribute about 27 per cent of revenue, up from roughly 10 per cent 18 months ago, and expects to be fully profitable next year. It holds about 600,000 hotels across more than 2,000 cities.

Cleartrip's non-air share of revenue rose from roughly 10% to about 27%, with over 40% expected
  • Non-air share of revenue, about 18 months agoroughly 10 per cent
  • Non-air share of revenue, nowabout 27 per cent
  • Non-air share of revenue expected by end of next yearover 40 per cent

Newer report , , afaqs : Flipkart-owned Cleartrip runs cheeky front-page 'apology' ads to Swiggy and Zomato for Big Billion Days travel deals

  • wudhomes: +Rs 2.5 crore pre-seed
  • DealShare: -95% vs peak valuation

Reported figures

From the report. Source details below

Non-air share expected by end of next year: over 40 per cent

The source

Source Read the source at Business Standard

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