EaseMyTrip expands its international presence to New Zealand; Stock soars ~1.5%

is my tripIndia’s second largest online travel platform, has expanded its international footprint by adding a wholly owned overseas subsidiary in New Zealand as part of its global expansion strategy. The company has entered New Zealand anticipating a huge increase in global demand for the travel and tourism sector in the coming months.

As part of this new phase of expansion, the company will launch a local travel search engine in New Zealand to enable customers in the region to enjoy EaseMyTrip’s value-based services.

The subsidiary will also replicate its lean and cost-effective operating model with no minimum paid-up capital. The brand has successfully adopted a similar model in India for over 14 years and will continue to deliver maximum benefits to the customers in the respective region.

Speaking on the expansion, Rikant Pitti, Co-Founder, EasyMyTrip, said, “New Zealand represents a significant portion of our international holiday segment and we are looking forward to entering an entirely new market as a part of our global expansion. are excited for. With strong demand for travel across the globe, we see a broad global market for travel, and believe that EasyMyTrip is well-positioned to meet the demand in New Zealand.

As the new financial year begins, EaseMyTrip will continue its growth in the air ticket segment and also expand its hotel and holiday segment. To continue its efforts to expand globally, the company has successfully established its corporate office in Dubai (www.easemytrip.ae) and will further consider opening corporate offices in the UK and US markets due to its weak infrastructure and technology. established players can be challenged on the basis of – Led innovations.

At around 10:42 am, Easy Trip Planners was trading at Rs 407.15 per share, up 1.43% on the BSE.

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