Travelocity Global buys India-based Travelguru
Travelocity Global, leading US based online travel firm has announced that it has acquired India-based online hotel distribution network Travelguru.
According to sources, the company did not reveal financial details of the deal.
The sources further informed that the acquisition, which will extend Travelocity's online travel business in India, will help the firm access more than 4,000 hotels in India.
The authorities of Travelocity Asia Pacific stated in a communiqué that Travelguru will continue to function as a stand-alone business and brand in India, focused on growing Indian hotel demand, Indian hotel supply and a wide distribution network.
Travelguru's network entails more than 4,000 hotels in India, while Travelocity Global's other operations include Travelocity Business, igougo.com, lastminute.com and Zuji.