rategain travel has confirmed that its promoters and persons acting in concert (PAC) have not created any encumbrance on equity shares during the financial year ended March 31, 2026. This disclosure ensures that the shareholding of the key stakeholders remains free from charges or pledges, other than those previously disclosed to the exchanges. The declaration was made in compliance with Regulation 31(4) and 31(5) of the SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011.

The filing detailed the shareholding structure of the promoter group as of March 31, 2026. Bhanu Chopra led the group with 45,234,733 shares, representing 38.28% of the total share capital. The document noted that 45,102 equity shares purchased on March 30, 2026, were not yet reflected in the depository participant statement at the time of reporting.

Promoter Shareholding Details

The collective holding of the promoter group stood at 57,632,660 shares. The following table outlines the individual holdings within the promoter group:

45,102 equity shares were purchased on March 30, 2026; however, the same are not reflected in the DP statement.

The declaration was submitted to the National Stock Exchange of India Limited and BSE Limited on April 09, 2026. The confirmation was signed by Bhanu Chopra on behalf of the promoters and PAC of RateGain Travel Technologies Limited.

RateGain Travel Technologies Limited announced global summer travel insights for 2026 on June 29, 2026, revealing a landscape of resilience shaped by the FIFA World Cup and pricing sensitivity. The data, sourced from its subsidiary Sojern, indicates that travelers are making different choices rather than retreating, with roughly a third of summer bookings yet to be made. The findings highlight significant shifts in demand across the Americas, Europe, and the Middle East, driven by rising airfares and geopolitical caution.

America's Summer: Strong Demand, Shifting Destinations

US outbound flight bookings are up 13% year-on-year, yet hotel searches are down 16%, signaling that travelers are locking in flights while delaying accommodation decisions. The data shows a clear reorientation in destination preferences. Flight bookings from the US to Canada are up 44% year-on-year, while domestic travel is up 15%, Asia is up 19%, and the Caribbean is up 12%. Conversely, Mexico is down 12%. The top international destinations for US travelers are Mexico (8.7%), Canada (7.5%), the United Kingdom (7%), and Italy (6%).

Airfares have risen across all route types since the escalation of conflict in the Middle East. Domestic US fares are up 25% year-on-year, while intra-regional fares in the Americas have seen sharp swings, with Central America to Central America up 44%.

The World Cup in Context

The FIFA World Cup 2026 is generating uplift across most host destinations according to the RateGain FIFA World Cup Index. Houston is up 10.4%, Dallas is up 8.7%, and New York is up 8.8% in flight demand year-on-year. Toronto and Vancouver saw increases of 3.2% and 2.7% respectively, with Vancouver's average daily rate up 17.1%. However, Seattle (-20.6%) and Mexican host cities such as Mexico City (-24.9%), Guadalajara (-25.0%), and Monterrey (-16.8%) saw declines.

The United Kingdom leads international demand for host cities with 19.4% of flight bookings, followed by Brazil (5.0%), Germany (4.9%), and Japan (4.6%). Argentina accounts for 2.1% of confirmed bookings and 8.2% of searches, indicating substantial latent demand.

Regional Travel Trends

Latin America is emerging as a strong growth story, largely self-powered. Flight bookings to the region are up 38% from domestic origins and 16% from other Latin American markets. European demand for Latin America is up 15%, while US demand is up only 1%.

Europe is proving resilient with domestic flight bookings up 35% and intra-European bookings up 37%. France is up 15% in flight bookings, Spain is up 28%, Italy is up 24%, and Portugal is up 24%. London is the standout destination for international travelers to Europe, accounting for 13.7% of European destination bookings for North Americans.

Hotel search activity to the Middle East remains suppressed compared to 2025 levels. Western Europe to the Middle East is down 49 percentage points year-to-date, and South Asia to the Middle East is down 61 points. However, intra-regional Middle East travel is tracking 9 points above last year, and the Middle East to United States corridor has surged due to World Cup demand.