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The Silicon Review India

Booking.com sees an opportunity in India; will there be a future investment?

Booking.com sees an opportunity in India; will there be a future investment?

The CEO of Booking.com, Gillian Tans from Amsterdam feels that there is an opportunity to invest in the Indian market. The company (Booking.com) is considered to be the world’s largest travel e-commerce business. Recently, Gillian had an interview with ET and she did say that India is one of the fastest growing geographies. According to reports, it is shown that last year around 68% was the geographical growth. Gillian is said to ride a bike to her work every day and she says that OYO’s expansion in different regions is becoming a threat to Airbnb. The entire business model impresses Gillian along with the hospitality industry’s growth in India.      

The growth of the Indian market is imminent and many companies including investors do realize this factor. It is not only in the hospitality industry but in other verticals as well. The election, for now, has put a pause in this progress since the entire nation is waiting for the results. That being said the second half of the year will be the right time frame to take charge because the new government will surely aid in the growth.

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