Travelocity global acquires travelguru

Mumbai
Business Standard Mint
Travelocity Global, one of the world’s largest online travel companies, today announced the acquisition of Travelguru, India’s largest hotel distribution network, for an undisclosed sum.

The addition of Travelguru will build on Travelocity’s existing businesses, teams and relationships in India, which include Travelocity India, its online travel agency site, various supplier and redistribution relationships, as well as global support teams in the country. Travelguru distributes a portfolio of more than 4,000 hotels in India, most of which are independent properties, with a strong domestic customer-base.

“Both Travelocity India and Travelguru businesses will aim to work together to bring significant benefits to Indian hotel suppliers, with increased distribution and greater demand, redistribution partners with greater breadth and depth of Indian supplier content, and to Indian travellers with the broadest of choice of travel deals across all products in India”, stated a company release.