Why Global Travel Companies Scale... and Most Indian Agencies Struggle Why Global Travel Companies Scale... and Most Indian Agencies Struggle The numbers tell a story of two different worlds. While global giants like Booking Holdings and Expedia are playing in the multi-billion dollar league, India’s top players are still fighting to break the billion-dollar revenue ceiling. The industry is the same, but the DNA of the business is fundamentally different. If you want to understand why this gap exists—and how to bridge it—you have to look beyond the bookings. The Reality Check: Revenue Comparison Global Giants Revenue (Approx.) Indian Leaders Revenue (Approx.) Booking Holdings $20+ Billion MakeMyTrip $700–800 Million Expedia Group $12–13 Billion Yatra $50–100 Million Flight Centre $10+ Billion Trip.com Group $7–8 Billion 5 Reasons Why Global Players Win the Scale Game To scale a travel business to a global level, you cannot rely on hustle alone. You need a shift in philosophy....