Table of Contents
MakeMyTrip’s gross bookings have expanded sharply post-pandemic, highlighting India’s travel sector rebound and rising digital adoption.
- Gross bookings grew from $1.6 B in FY21 to $9.8 B in FY25, marking a 6× increase in four years.
- H1 FY26 bookings reached $5.1 B, already over 50% of FY25’s full-year total, signaling continued momentum.
- Growth has been broad-based - across air, hotels, and holiday packages - supported by rising disposable income and increased premium travel demand.
What It Means
- Structural resilience: The rapid post-pandemic recovery reflects a sustained shift in consumer behavior toward organized, digital-first travel platforms.
- Premiumization and cross-border travel have emerged as key drivers, lifting the average booking value.
- FY26 outlook: With current trajectory, MakeMyTrip is likely to cross $10 B in bookings, reaffirming its position as India’s travel market leader and a bellwether of discretionary consumption recovery.
