The firm made a net loss of $168 million (nearly Rs 1,200 crore) in FY19, a 23 per cent decline from the year before.
International hotels and packages is one of the fastest growing segments, an MMT spokesperson said. The firm was investing here in technology, products, supply and brands to achieve growth. “In the last quarter, we contracted with over 8,000 properties. Further, room nights growth from this segment has been fairly robust and we foresee a similar growth pattern in the coming month,” the spokesperson added.