Yatra Online Soars with 23% Revenue Growth in Q3

Yatra Online Soars with 23% Revenue Growth in Q3

By Author

Published on February 18, 2024

Yatra Online, a leading name in corporate travel and online travel booking, has unveiled impressive financial results for the third quarter of the fiscal year 2023-24, marking a significant 23% increase in revenue year-on-year. This growth streak places Yatra in a strong market position, highlighting its successful strategies in capturing market share and establishing solid brand recognition.

The company's revenue from operations reached INR 1,103 million, a 23% increase from the same quarter last year. However, the journey wasn't without its hurdles. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBIDTA) saw a 25% decline, standing at INR 48 million. Similarly, adjusted EBIDTA decreased by 11% to INR 100 million. But the spotlight shines on the net profit, which impressively doubled, recording a 119% increase year-on-year to reach INR 11 million.

A closer look at the operational highlights reveals a standout performance in the domestic air passenger segment, which saw a remarkable 26% growth year-on-year, significantly outpacing the industry. This growth is a testament to Yatra's effectiveness in navigating the market and enhancing its brand appeal. The company's gross bookings also witnessed an 18% increase, totaling INR 18,605 million.

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Despite facing muted business travel spends in certain sectors, Yatra's strategic moves have paid off, especially in expanding its corporate client base. The addition of 26 new corporate accounts, boasting a total annual billing potential of INR 2,237 million, underscores Yatra's continued momentum. Notably, partnerships with one of India's largest banks and a leading pharmaceutical company were secured, adding to Yatra's expanding portfolio of corporate clients.

Dhruv Shringi, Yatra Online's Whole Time Director & Chief Executive Officer, expressed pride in the company's performance, attributing the success to strong brand recognition and effective market strategies. "Our focus remains on expanding our corporate client base and enhancing shareholder value," Shringi emphasized.

In response to its robust performance and as a token of appreciation to its shareholders, Yatra launched the Yatra Prime membership initiative. This program is designed to elevate travel experiences for shareholders through exclusive benefits and conveniences, showcasing Yatra's commitment to rewarding loyalty and ensuring customer satisfaction.

Despite some challenges in the operating environment, Yatra remains bullish on its growth prospects, ready to navigate headwinds and capitalize on opportunities to maintain its upward trajectory.


Wonderla Delivers Record Q2 Performance with Strong Revenue and Footfall Growth

Wonderla Delivers Record Q2 Performance with Strong Revenue and Footfall Growth

By Manu Vardhan Kannan

Published on November 9, 2025

Wonderla Holidays Ltd. has announced its financial results for the second quarter and half year ended September 30, 2025, marking its best-ever Q2 performance in company history. The remarkable results highlight record revenues, strong footfall growth, and a sharp increase in profitability.

The company reported a 12% year-on-year rise in footfalls to 5.05 lakh visitors, with total income up 24% YoY at ₹88.52 crore and EBITDA soaring eightfold to ₹7.48 crore.

Parkwise, the company registered footfalls of 1.96 lakh in Bengaluru, 1.92 lakh in Kochi, 0.93 lakh in Hyderabad, and 0.24 lakh in Bhubaneswar, reflecting consistent performance across locations.

Commenting on the results, Arun Chittilappilly, Executive Chairman and Managing Director of Wonderla Holidays Ltd., said,

“This quarter marks a defining moment in Wonderla’s journey, as we achieved our best-ever Q2 performance with record revenues, footfalls, and a sharp improvement in profitability. A 24 percent year-on-year growth in total income and an 8X jump in EBITDA highlight the resilience of our business model and the power of the Wonderla brand.”

He added that the strong results were driven by effective branding and footfall-driving campaigns, alongside enhanced digital sales strategies, which now contribute to half of total bookings. The company’s investments in technology, operational efficiency, and customer convenience have played a vital role in driving this growth.

Chittilappilly also noted that new offerings like “Isle by Wonderla” continue to strengthen guest engagement and diversify the company’s revenue base.

“Looking ahead, we remain excited about the next phase of expansion. Work on our Chennai Park is progressing rapidly, and we’re on track to announce the launch by December 2025. With strong fundamentals, expanding capacity, and a trusted brand, we’re confident of sustaining our momentum and delivering long-term value to both our guests and shareholders,” he said.

With this milestone quarter, Wonderla Holidays continues to reinforce its leadership in India’s amusement park sector through innovation, guest experience, and strategic expansion.


Wyndham Hotels & Resorts Reports Q3 2025 Results

Wyndham Hotels & Resorts Reports Q3 2025 Results

By Hariharan U

Published on October 27, 2025

Wyndham Hotels & Resorts reported its Q3 2025 financial results, showing steady growth across operations and financial metrics. Global system-wide rooms increased 4% year-on-year to 855,400, including 503,400 in the U.S. and 352,000 internationally, while the company awarded 204 new development contracts, up 24% from Q3 2024. The global development pipeline grew 4% to 257,000 rooms, with roughly 70% in midscale and above segments and 58% internationally.

 Ancillary revenues rose 18% compared to the same period last year. Net income climbed 3% to $105 million, and adjusted net income reached $112 million, with diluted EPS increasing 5% to $1.36 and adjusted diluted EPS up 5% to $1.46. Adjusted EBITDA grew 2% to $213 million, while global RevPAR declined 5% in constant currency, mainly due to softer results in Asia Pacific and Latin America, partially offset by gains in EMEA and Canada.

Wyndham generated $86 million in net cash from operating activities and $97 million in free cash flow, ending the quarter with $70 million in cash and total liquidity of about $540 million, maintaining a net debt leverage ratio of 3.5x. In October 2025, the company refinanced its $750 million revolving credit facility, extending maturity to 2030, increasing capacity to $1 billion, and reducing borrowing costs by 35 basis points. Shareholder returns included the repurchase of 830,000 shares for $70 million in Q3 and year-to-date buybacks of 2.5 million shares for $223 million, alongside $31 million in dividends.

Looking ahead, Wyndham expects full-year global room growth of 4–4.6%, global RevPAR change of -3% to -2%, fee-related revenues of $1.43–$1.45 billion, adjusted EBITDA of $715–$725 million, adjusted net income of $347–$358 million, and adjusted diluted EPS of $4.48–$4.62, while maintaining a focus on portfolio expansion, strengthening its development pipeline, and delivering consistent shareholder value amid evolving industry conditions.


Alaska Air Reports Strong Q3 2025 Earnings, Expands Seattle Routes

Alaska Air Reports Strong Q3 2025 Earnings, Expands Seattle Routes

By Manu Vardhan Kannan

Published on October 26, 2025

Alaska Air Group reported strong financial results for the third quarter of 2025, posting a GAAP net income of $73 million and adjusted earnings per share of $1.05. The airline’s growth is being fueled by new nonstop routes from Seattle to London and Reykjavik, set to launch in May 2026, and the introduction of the Atmos Rewards loyalty program, which exceeded premium credit card sign-up expectations.

In a major technological upgrade, Alaska Air is installing Starlink high-speed Wi-Fi across its fleet, offering complimentary access to Atmos Rewards members. The company is also progressing with the integration of Hawaiian Airlines and advancing its Alaska Accelerate strategy, aiming for significant growth and profitability by 2027.

Analysts have assigned a Hold rating on ALK stock with a $49.00 price target, citing strong financial recovery but noting bearish technical indicators and increased leverage as potential risks. The airline continues to focus on expanding its global reach and enhancing customer loyalty through strategic partnerships and its Atmos Rewards program.

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