EaseMyTrip forays into New Zealand
By siliconindia | Wednesday, 06 July 2022, 07:03 Hrs
EaseMyTrip, has expanded its international footprint by incorporating a wholly-owned foreign subsidiary in New Zealand as part of its global expansion strategy. The company said it has forayed into New Zealand anticipating a huge pent-up global demand for the travel and tourism sector in the coming months.
EaseMyTrip said as a part of this 'new' phase of expansion, the company will launch a localized travel search engine in New Zealand to cater to the customers in the region. The company said the subsidiary will also replicate its 'lean' operating model with no minimum paid-up capital.
Rikant Pittie, co-Founder, EaseMyTrip said: “New Zealand represents a significant part of our international holiday segment and we are excited to foray into the entirely new market as a part of our global expansion. With a strong pent-up travel demand across the world, we see a wider global market open for travel, and believe that EaseMyTrip is well-poised to cater to the demand in New Zealand.”
The company said it will continue its growth across the air ticketing segment and expand its hotels and holidays segments too.
EaseMyTrip claims it provides its users access to more than 400 international and domestic airlines, over one million hotels as well as train/bus tickets and taxi rentals for major cities in India. Its international offices (as subsidiary companies) are in the Philippines, Singapore, Thailand, the UAE, the UK, and the USA.