Travel Portal Valuations on Dalal Street

Talking on DOTCOM valuations. Since got listed on Bombay Stock Exchange media and blogs have been talking about the next portal which can go in for listing. Most of these blogs have been bringing up names of,, Now as for our blog is concerned we like to talk about travel portals.

So lets look at Theire major source of revenue is margin earned from selling airline tickets. Now lets try to look at the travel industry. Most of the airlines listed on exchange had a bad year even though industry sensex achieved new heights. But people may beg to differ on my this view point as makemytrip is a sales agent and not concerned with losses incurred by airlines due to operational costs/strategies. Though if we try to map it back to US industries the travel industry is going to similar trajectory. We are seeing travel portals sharing loss on similar lines as travel airlines etc. Hence we cannot expect much scope/margin from travel portals any yet. My bet is would be a better bet


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December 2006
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