Yatra Online Uses Travel Disruption to Go Deeper Into Corporate Travel

India’s Yatra Online said Thursday it is using a period of geopolitical disruption that has weakened international business and events travel to push deeper into the country’s corporate travel market. International travel now accounts for less than 30% of Yatra’s business, down from nearly 40% previously, according to quarterly results released Thursday. The war with Iran has disrupted connectivity, pushed up airfares, and made companies more cautious about discretionary travel. Yatra is using the disruption to expand its corporate technology platform, grow Travel Pro for smaller businesses and take its technology into the Middle East through its partnership with Kanoo Travel.Yatra already sees signs of recovery. MICE bookings in the first half of the second quarter are about 50% higher than in the first quarter. CEO Siddhartha Gupta said the business had adapted as international group travel shifted toward domestic and shorter-haul programs, and