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Travelocity Buys Travelguru – Implications For Indian OTA Space?
In what seems to be a first of its kind deal (in terms of size – though the actual acquisition price isnt disclosed) in the Indian online travel space Travelocity – the global travel giant has acquired India’s Travelguru.com which is focused on hotel bookings in India and Internationally. Travelocity boasts of annual gross bookings [...]
Recap 2008: Online Travel
The year 2008 can be termed as the year of online travel as this space has seen immense traction all throughout the year. Whether it was launching of discounted travel, expansions, acquisitions, investments, aggregation or even shut down the online travel space has seen it all during this year. It would be an understatement to [...]
Online Travel Portals Taking Flight To Offer Cool Discount Deals
Most travel portals are catching up on the festival spree that starts right from the months Aug-Sept-Oct each year as the volume of travelers through Air, Road and Rail increases. The travel portals are coming out with a lot of discount offers such as Buy1-Get1 FREE or 50% cash back as a promotional tool which [...]
Online travel – Are we in a crowded space?
A lot has been spoken about how indian online travel is booming! There is also a lot of news articles on all sorts of travel sites poping up. And now it seems even international players are down in India to play the travel game!
In an interview Indian MD – Himanshu Singh of the Internationally reknowned travel [...]