By sinha on 20, December, 2007 | Channel: Indian travel Industry

Travel Industry set for consolidation : TravelGuru grabs Desiya for 100 crores, Travelocity hunting for one..

As expected, TravelGuru has finally announced Desiya acquisition @ Rs. 100 crores ($25 million).desiya

Desiya has 1,000 travel agents and 225 travel portals among it’s clients. It has 1,500 hotels in it’s inventory all over India and has a strong presence in UK. The portal registers 600 transactions a day, over 500 B2B transactions and 100 inbound hotel bookings. [ET]

Desiya’s core strength has been it’s B2B focus and not B2C – they licensed their content to portals like TravelGuru/ClearTrip and IndiaTimes.

Now that Desiya has been lapped up, its time for Inasra to kick in?

Also, Travelocity India is looking out for an acquisition target. Any guesses?

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    • comment(s) on Travel Industry set for consolidation : TravelGuru grabs Desiya for 100 crores, Travelocity hunting for one..

    6 Responses to Travel Industry set for consolidation : TravelGuru grabs Desiya for 100 crores, Travelocity hunting for one..

    1. shivali says:
      December 20, 2007 at 12:57 PM

      Travelcity itself is a huge brand…i don’t think it actually requires any aqiasitions:-)

      Reply
    3. Ravi Bhushan says:
      December 20, 2007 at 7:16 PM

      Ashish – Yogendra here does seem right. You are being ripped. Give ‘em hell man. Lol.

      Reply
    4. Ashish says:
      December 21, 2007 at 12:49 PM

      Thanks guys..looks like these avashya guys are ripping off every other site and are taking the entire content.

      Reply

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