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 has 1,000 travel agents and 225 travel portals among it’s clients. It has 1,500 hotels…

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?

Get the complete coverage of Indian Travel Industry.

tags: , travelguru, , indian travel industry

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