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 of more than U.S. $10 billion and operates: Travelocity...
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