The US-based online travel company Travelocity has acquired one of India’s largest online hotel distribution networks, Travelguru, for an undisclosed sum.
“Travelguru will continue to operate as a standalone business and brand in India, focused on growing Indian hotel demand, supply and a wide distribution network,” said Mr Roshan Mendis, Regional Vice-President, Travelocity Asia Pacific.
Travelocity has annual gross bookings of over $10 billion
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