Business
MakeMyTrip Limited Announces Partnership with Leading AI-Enabled Travel Booking App Hopper
Tie up to empower MakeMyTrip customers to make better travel decisions and save money while booking flights by leveraging Hopper’s Price Freeze technology New
About this update from Makemytrip Limited
[{"type":"text","content":"Tie up to empower MakeMyTrip customers to make better travel decisions and save money while booking flights by leveraging Hopper’s Price Freeze technology\nNew York, Oct. 14, 2021 (GLOBE NEWSWIRE) -- Gurugram and New York, October 14, 2021: MakeMyTrip Limited (NASDAQ: MMYT) (the “Company”), India’s leading online travel company, today announced its partnership with Hopper, one of the top travel booking apps for flights, hotels and car rentals, to help travelers save money with personalized recommendations and flexible booking capabilities. Through this partnership, MakeMyTrip aims to further enhance the flight booking experience by boosting its recently launched Price Lock feature. Hopper's Price Freeze technology will power MakeMyTrip’s Price Lock feature and enable customers to lock in flight fares for up to seven days while they are in the process of firming up their travel plans. Since its launch this year, the feature has seen increased adoption amongst flyers as the need for flexible travel has risen sharply post-pandemic. As travel bounces back, the company hopes to see travelers across India actively opting for and benefitting from Price Lock feature. By partnering with Hopper, MakeMyTrip plans to leverage its Price Freeze technology that has proven to drive conversions and increase revenue while offering transparency and flexibility to its customers. Commenting on the partnership and the benefits that MakeMyTrip aims to pass on to its flyers, Rajesh Magow, Co-founder & Group CEO, MakeMyTrip shared, “Flexibility is the future of travel – it is how we want to build back demand and put consumer confidence back in booking travel freely, just as they did before the pandemic. As we double down in our efforts to enrich the flight booking experience on the MakeMyTrip platform, we are partnering with Hopper to make use of its innovative technology and pass on the benefits of smart and prudent flight booking to travelers. We are thrilled to extend valuable benefits and bring home best global practices of predictive pricing through Hopper’s data-driven capabilities and AI-rich airfare forecasting tools for our customers.” Expressing excitement at joining hands with MakeMyTrip, Frederic Lalonde, CEO and Co-Founder of Hopper, said, “Consumer expectations have changed over the past year and a half, and flexibility is a make-it or bre...