EaseMyTrip Sees Significant Growth in Q1 Driven by Hotels and Packages

Online travel platform EaseMyTrip has reported a substantial increase in its Q1 earnings, with hotels and holiday packages bookings rising by 81.2% year-on-year. This growth has been driven by a surge in travel demand in the Indian market, which is considered one of the fastest-growing economies globally.

Key Highlights of Q1 Results

• Hotels and holiday packages bookings grew by 81.2% year-on-year, increasing from 1.8 lakh to 3.3 lakh.
• The trains, buses, and others segment recorded a 41.4% year-on-year growth in the first quarter of fiscal 2026, with bookings increasing from 3.1 lakh to 4.3 lakh.
• Dubai operations saw a significant surge in gross booking revenue, rising by 151% to Rs 318.1 crore.

The company’s gross booking revenue stood at Rs 2,065.8 crore in the quarter, with earnings before interest, taxes, depreciation, and amortization (EBITDA) of Rs 6.9 crore on a revenue of Rs 113.8 crore. Flights continue to contribute the largest share of gross booking revenue, accounting for 79.2%, followed by hotels and holiday packages at 18.8%.

Revenue Breakdown and Growth Drivers

In terms of revenue from operations, flights contribute 50%, while hotels and holiday packages account for 28.6%. The remaining 21.4% comes from trains, buses, and other bookings. The company’s air ticketing business remains steady, with an average of 24,230 flight segments booked daily. Non-air segments, such as hotels, packages, trains, buses, and others, have delivered strong double-digit growth.

The growth in hotels and packages has been a key driver of the company’s performance, with both offering better margins than flights. The company has also acquired premium hospitality and commercial assets to build a strong physical base and has launched EMT 2.0 to diversify into new verticals.

Strategic Initiatives and Future Plans

Promoters have voluntarily chosen to draw zero salary until sustained profitability returns, demonstrating their alignment with shareholders. These steps are designed to move EaseMyTrip beyond a flight-led model into an integrated travel, hospitality, and lifestyle ecosystem. While this requires short-term capital expenditure, it is aimed at creating sustainable profitability and shareholder value over the long term.

Nishant Pitti, founder and chairman of EaseMyTrip, commented, ‘For the first quarter of fiscal 2026, EaseMyTrip began the year with a steady performance, recording a Gross Booking Revenue of Rs 2,065.8 crore, driven by strong momentum in the Hotels & Packages segment, which grew 81.2% year-on-year from 1.8 lakh to 3.3 lakh room nights, averaging 3,637 room nights booked daily.’

Pitti added, ‘Additionally, an average of 24,230 flight segments was booked daily. Our Dubai operations also posted an outstanding performance, with Gross Booking Revenue rising 151% from Rs 126.7 crore to Rs 318.1 crore. Despite the global headwinds in the travel industry, these performances reflect the strength of our diversified portfolio, our destination-focused strategies, and our capacity to stay ahead of changing traveler needs in both leisure and business segments.’

Company Overview and Expansion Plans

EaseMyTrip was founded in 2008 by the Pitti brothers as a B2B2C platform for flight bookings without external funding. The company entered the direct-to-consumer market through its website and mobile app in 2011 and corporate travel in 2013. It has since expanded its nationwide franchise and travel agent network and started operations in the UAE, UK, Thailand, and US markets to tap into outbound travel in those markets.

The company has also entered the electric bus segment with Easy Green Mobility, demonstrating its commitment to innovation and sustainability. With its strong performance in Q1 and its strategic initiatives, EaseMyTrip is well-positioned to continue its growth trajectory and expand its presence in the Indian and international travel markets.

For investors looking to capitalize on the growth of the Indian travel industry, EaseMyTrip’s Q1 results and future plans make it an attractive option. The company’s diversified portfolio, destination-focused strategies, and commitment to innovation and sustainability position it for long-term success and profitability.

As the Indian economy continues to grow, the demand for travel and tourism is expected to increase, driving growth for companies like EaseMyTrip. With its strong foundation, strategic initiatives, and commitment to excellence, EaseMyTrip is poised to become a leading player in the Indian travel industry and a key contributor to the country’s economic growth.