Online travel firm Yatra.com on Wednesday said it has collaborated with Amazon Business to provide its hospitality partners with a wide range of products catering to their needs. Hospitality partners can leverage the...
Yatra terminates Rs 2,300-cr merger pact with US software firm Ebix
Online travel company Yatra has terminated its pending merger agreement with US-based software firm Ebix and filed litigation against it in the State of Delaware, seeking “substantial damages” for alleged breaches of...
Yatra Online terminates pending merger agreement with US-based Ebix Inc
Travel services company Yatra Online Inc on Friday said it was terminating a pending merger agreement with US-based software firm Ebix Inc and had filed litigation seeking “substantial” damages for...
MakeMyTrip partners premium hotels to launch online delivery service
MakeMyTrip (MMT) said it has partnered with premium hotel chains and independent properties in select cities across India to roll out online gourmet delivery service. With dine-in experiences coming to a halt due to the...
Expedia nearing deal to sell stake to Silver Lake and Apollo – WSJ
Online travel services company Expedia Group Inc is in advanced talks to sell a stake to private-equity firms Silver Lake Partners and Apollo Global Management Inc for about $1 billion, the Wall Street Journal reported...
Mahindra Holidays keen to acquire stressed assets across country, including Kashmir
Mahindra Holidays is looking at acquiring stressed assets in the hospitality sector across different parts of the country, including Kashmir. Kavinder Singh, MD & CEO of Mahindra Holidays and Resorts India Ltd, told...
Thomas Cook India inks pact with Experience Hub
Travel services firm Thomas Cook India on Tuesday said it has entered into a long-term pact with Experience Hub, the trade and promotion arm of Yas Island Abu Dhabi, to drive visits to the destination. The agreement...
Thomas Cook India buys rights for Rs 14 crore to retain brand name
Thomas Cook India has acquired brand rights of the iconic UK travel firm from its erstwhile promoters for Rs 14 crore. After the acquisition, Thomas Cook will not undergo a name change in India and will now focus on...
German retailer Karstadt to take on 106 Thomas Cook travel agencies
Galeria Karstadt Kaufhof has agreed to take on 106 travel agencies as well as the German online platform of insolvent travel firm group Thomas Cook, the German retailer said on Tuesday. Antitrust authorities, as well as...
Thomas Cook India not part of brand’s global sale to China’s Fosun: CMD
Travel services provider Thomas Cook India on Sunday said the sale of the company to China’s Fosun does not include regions of India, Sri Lanka and Mauritius. “With regard to recent media reports pertaining...
Fosun Tourism to buy Thomas Cook, related hotel brands for $14.3 million
China’s Fosun Tourism Group said on Friday it would acquire the Thomas Cook and related hotel brands for 11 million pounds ($14.25 million), in a bid to expand its presence in the tourism business. The assets include...
MakeMyTrip announces tie-up with TripAdvisor for outbound travel space
MakeMyTrip, an online travel company, announced a sourcing tie-up with travel website TripAdvisor, offering its customers tours and activities in over 100 places abroad. “Our data shows consistent increase in the...
