Can Hotels Become ixigo’s Fourth Growth Engine?

Travel tech company ixigo is betting on hotels as its fourth growth engine alongside trains, flights, and buses, as further market share gains become harder in rail bookings and high airfares and capacity constraints weigh on flights. The company began reporting hotels as a separate operating segment in Q2 FY27, breaking it out from ‘Others’. The revenue of the hotel segment grew more than sixfold to ₹8.1 Cr, accounting for 2.5% of ixigo’s ₹321 Cr operating revenue in the September quarter.