Benzinga | Oct 14, 2021 03:09PM EDT

MakeMyTrip Partners With Hopper To Manage Airfare Volatility

* MakeMyTrip Limited (NASDAQ:MMYT) has partnered with Hopper, a travel booking app, to help travelers save money with personalized recommendations and flexible booking capabilities. The financial terms of the arrangement were not disclosed.

* MakeMyTrip aims to further enhance the flight booking experience by boosting its recently launched Price Lock feature.

* MakeMyTrip expects Hopper's Price Freeze technology to power its Price Lock feature and enable customers to lock in flight fares for up to seven days.

* MakeMyTrip said it would be able to protect travelers against airfare volatility with the addition of Hopper's predictive algorithms and AI-enabled pricing tools.

* Price Action: MMYT shares are trading higher by 4.28% at $31.8 on the last check Thursday.