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FindMyStay spots gaps in India’s online accommodation market

12/01/2016| 2:25:57 PM| 中文

FindMyStay has a niche in the crowded Indian hotel market. Travellers can select dates, location within a city, star categories and suggest a price they are willing to pay.

India’s FindMyStay believes that the merger of MakeMyTrip and Ibibo Group creates an even bigger distinction between its reverse bidding platform and the combined entity’s approach to hotels.

FindMyStay has a niche in the crowded Indian hotel market. Travellers can select dates, location within a city, star categories and suggest a price they are willing to pay.

FindMyStay then searches its inventory to find deals which fit the criteria, with all offers valid for 48 hours. Payments are processed by FindMyStay.

Hotels load their rates and available inventory via an extranet, which can also connect with the hotel’s PMS and channel managers. There are some 3,000 hotels on FindMyStay’s books, almost of all of which are three-star and above.

Co-founder Rohit Khetrapal is unphased by the prospect of MakeMyTrip and Ibibo Group merging to create India’s biggest online travel agency business. While much of their full-service, end-to-end business is not competitive with FindMyStay, the pair do have a strong traditional hotel booking business.

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TAGS: FindMyStay | India | C2B
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