EyeforTravel News: India News Feed

MakeMyTrip extends its lowest-tariff guarantee to hotels category

Lindi — Mon, 12 May 2008 11:33:35 +0100

According to the company, customers who find a lower tariff anywhere will be paid double the difference by MakeMyTrip. This offer is valid both for bookings made online and through the call centre.

Yahoo tests Glue Pages In India

Lindi — Fri, 09 May 2008 09:49:50 +0100

Glue Pages are being described as specialised pages that contain an enhanced visual search result page, for select search queries. The search results that trigger the special "Glue Pages" run across searches in health, sports, entertainment, travel, technology, and finance categories. They combine classic search results on the left hand column with more visual information related to your query in the middle and right section of the page.

An OTA in India to compensate for flight delays

Lindi — Tue, 06 May 2008 07:54:59 +0100

As per the service, Yatra.com will provide all the air travelers a compensation fee of Rs. 200/- (US$5) for domestic flight delays of over 20 minutes. This compensation could be availed by all travelers irrespective of the fact where they had booked the tickets and not necessarily the Yatra.com users. "This is the first-ever endeavour of a travel services company to partly compensate the customers for their travel related inconveniences.

Cleartrip secures India's largest round of venture funding

Lindi — Tue, 22 Apr 2008 08:55:26 +0100

The company has raised a total of $30.2 million over the past three years.

Investors in the company include as Sherpalo, Kleiner Perkins and Draper Fisher.

MakeMyTrip.com upgrades its international flight-booking engine

Lindi — Wed, 16 Apr 2008 07:57:14 +0100

The company shared that the international flight-booking engine only displays options that are ready-to-book and MakeMyTrip.com also provides access 40000 international hotels that can be booked real-time.

MSC Cruises partners Indiatimes travel

Lindi — Mon, 14 Apr 2008 09:43:11 +0100

On the deal, MSC Cruises All India Business Development Manager Aman Preet Singh Bhatia said the Indian traveller has matured enough to book high-end holidays through the Internet.

MSC Cruises says it is the only International cruise brand that offers an India-specific brochure starting from Rs.25000 or US$425 per person for a seven-night cruise and free travel for children under 18 years.

Lemon Tree Hotels valued at over US$500 million

Lindi — Fri, 04 Apr 2008 07:57:59 +0100

Whilst Kotak Realty Fund is already an existing investor, Shinsei Bank joins as a strategic partner and investor in the company.

The company is working on establishing Lemon Tree Hotels as India's leading upscale hotel brand in the full-service, moderately priced category by 2010/2011. In line with its brand proposition, Lemon Tree Hotels promises it's customers a memorable experience that is "refreshingly different".

Desiya strengthens its distribution network by adding 2500 agents

Lindi — Wed, 02 Apr 2008 07:15:41 +0100

Desiya.com, which was acquired by TravelGuru.com late last year, started focusing on travel agents only in July 2007. Overall, in India, the company works with 2200 travel agents.

Apart from enabling hotel partners to develop Internet-ready inventory management tools, Desiya is also empowering travel agents to benefit from the wide scale and deals available from the combined hotel network.

Indian LCCs show signs of technology adoption

Lindi — Fri, 28 Mar 2008 06:41:21 +0000

Recently, Deccan (Air Deccan) signed a deal with Amadeus, which has a market share in excess of 50% with a penetration level of nearly 20,000 booking agents, to improve its distribution network. It has already signed up with Abacus, which marked the first GDS adoption by an airline in the India's LCC market space.

Providing an insight into these deals with GDS, Sagar Rathod, Head Distribution, Deccan said Deccan's partnership with Abacus is an important milestone in the airline's growth and future plans.

Makemytrip.com expects to break-even in this year

Lindi — Fri, 28 Mar 2008 06:28:11 +0000

According to MMT's founder and CEO, Deep Kalra, the company currently has 45% market share in terms of total net revenues garnered by all OTAs in the market. The company, according to Kalra, is fast bridging the gap towards breaking-even performance and is approaching its first profitable quarter in a span of 9-10 months.

"Our preferred exit is an IPO. Once you set your sights on selling out, then you limit your options and your fortunes depends on others' strategies" Kalra told EyeforTravel.com's Ritesh Gupta.