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Covid Hit On Hospitality | Bhanu Chopra, RateGain



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What has been the impact of the recent COVID-19 wave on the travel and hospitality business? Is the hospitality industry on the mend? Speaking to Et Now, Bhanu Chopra, Chairman and Managing Director, RateGain Travel Technologies shares his outlook on the industry amid the Covid wave. He said Q3FY22 was the best ever quarter for the company. He sees a fundamental and structural shift in the industry. He believes outsourcing of work by hoteliers has also benefited the company. He works with the top 25% of the online travel agents, he adds. He says he does not have an apple-to-apple competitor and that for every product they have a different competitor. He plans for Focus to continue to remain in the US market. He is expecting a surge in travel in the next few weeks. Watch the full interview on The Market to find out all the details.
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