Press Releases / July 2007

Cleartrip celebrates a year of launch

Mumbai, July 6, 2007 : Cleartrip.com celebrated their first anniversary amidst handling thousands of travel bookings and serving over a quarter million travel searches every day since they turned a year old on July 4, 2007. Launched with a strong vision of making travel simple, cleartrip.com has emerged as the second largest and fastest growing player in the online travel space in India.

With figures speaking volumes:

  • Business size, revenue for 2006–07: Gross sales of 1.5 crore per day
  • Market share: 25% share of the OTA market, targeting 40% by the next fiscal
  • Daily visits/hits on the site: Currently around 80,000 with unique visits being 70%
  • Conversion ratio: 5.5%
  • Daily bookings: 4500 air tickets and 80 hotel room nights per day

Cleartrip.com has achieved the volumes with a focused approach on creating a incredibly simple and fast search coupled with user friendly services and tools such as comprehensive destination content, blogging. What is unique and outstanding is the customer forum section. Their continued focus on the end customer by way of value–for–money products and services, transparent pricing and a very clear security policy will provide the end consumer the clarity they need to make sensible purchasing decisions in a much cluttered market is a differentiating feature of Cleartrip.com.

The masterminds behind the fastest growing OTA include Stuart Crighton, Mathew Spacie and Hrush Bhatt, and spearheaded by Sandeep Murthy have expressed their gratitude to their base of loyal customers and the support of their staff

Speaking on this occasion, Sandeep Murthy, CEO, Cleartrip, said, “Over the past one year we have been working very hard to deliver a great overall experience to our customers. We continue to be driven by customer requirements and our quest to innovate and make searching and booking travel simple for our customers. I would like to express my sincere thanks to all our customers and staff on our 1st anniversary”

The company recently got listed among PC World’s Best Indian Websites as India’s Best Travel Website.

For media enquiries, please contact:

Naina Rastogi
naina.rastogi@cleartrip.com