Yatra Online, Inc. (NASDAQ: YTRA) (“Yatra” or the “Company”) has announced their partnership with Cleartrip, owned by the Flipkart Group (part of the Walmart Group). Under this agreement, Cleartrip customers will now have access to Yatra.com‘s inventory of 94,000 hotels and homestays of various kinds ranging from 5-star luxury properties to alternate accommodations such as villas, guesthouses, and service apartments amongst others in over 1,400+ cities and towns. The addition of Yatra’s inventory with real-time pricing on Cleartrip, will enable both domestic and international travelers to have access to a wider selection of relevant and ideal accommodations to meet their travel needs. Additionally, it will expand and increase opportunities and business avenues for the hotel partners.
Yatra.com will also benefit from this association through the large customer base of Flipkart and Cleartrip. This strategic association between Yatra and Cleartrip, both leading brands in the online travel space in India aims to provide a boost to the entire hospitality and travel ecosystem and uplift the sentiments of both customers as well as suppliers for hospitality as we emerge out of the pandemic.
Commenting on the partnership with Cleartrip, Dhruv Shringi, Co-Founder & CEO, Yatra Online, Inc. said, “We appreciate the confidence and faith shown by Cleartrip and Flipkart in Yatra by selecting Yatra as their supplier of choice for domestic hotels. Through this partnership, Cleartrip and Flipkart’s customers will have access to Yatra’s industry leading inventory of domestic hotels and Yatra’s hotel partners will get the added benefit of gaining access to Cleartrip/ Flipkart’s large and growing customer base. This will allow for synergies between the companies and partners and help uplift the hospitality ecosystem, which has been tremendously affected by COVID-19.” This partnership further solidifies Yatra’s position as the leading supplier of domestic hotels in India.
Speaking on the strategic partnership with Yatra.com, Ayyappan Rajagopal, CEO, Cleartrip, said, “With rising customer expectations, we identified a need to provide flexibility to choose from a wide-range of stay options to meet their travel needs. By partnering with Yatra.com, we will be able to further strengthen our existing vertical of hotels and accommodation, enabling us to offer a wider selection of stay options at the most competitive rates to our customers. It also demonstrates our on-going commitment to enhance a customer’s travel booking experience and seamlessly provide a broader range of offerings.”
