EBIX SIGNS AGREEMENT TO ACQUIRE YATRA ONLINE

Strategic Combination Broadens Capabilities to Capture Growing Multi-Billion Dollar Opportunity in India Expected to Generate 40 to 75 cents of Accretion to Ebix’s non-GAAP EPS within 9 to 12 Months Following Closing Companies to Hold a Joint Conference Call over the Next Few Days   Ebix, Inc. (NASDAQ: EBIX) and Yatra Online, Inc. (NASDAQ: YTRA) … Read more

Al Murshed Travel and Tourism signs an exclusive agreement with Sabre

Al Murshed Travel and Tourism, one of the leading travel agencies in the Kingdom of Bahrain, has signed a long-term agreement with Sabre Corporation (NASDAQ: SABR), the leading technology provider to the global travel industry, to continue use its technology and platform to provide travel services to its customers. This renewal provides Al Murshed Travel … Read more

Pride Group targets 30 hotels nationally by 2022, plans to launch new brand for millennials

The Pride Group of Hotels is presently scaling up its operations to focus more on ‘Pride Hotels’ and ‘Pride Resorts’ brands that are moderately priced, upscale, full service, business and leisure hotels. The group is also coming up with the new brand exclusively focused on millennial customers. The hotel chain is presently planning to open … Read more

IndiGo enhances intl. connectivity from Mumbai, Delhi; introduces flights to Jeddah, Dubai and Kuwait

IndiGo continues to enhance its international connectivity by announcing six new flights. Effective July 25 and August 5, IndiGo will launch daily non-stop flights connecting Delhi with Jeddah, and Mumbai with Kuwait. Additionally, to cater to the increasing demand from the sector, the airline will also launch its third non-stop daily flights between Mumbai and … Read more

Nijhawan Group forays into the GCC market with its new representation vertical

Consolidating a strong base for its representation vertical in India, the Nijhawan Group now forays into the Middle East and GCC markets with ‘Elev8’, its new venture for representation. Conventionalised by the hospitality veteran of the Middle East tourism market, Seema Pande who would also be one of the co-directors of this joint venture, Elev8 … Read more

MakeMyTrip partners with ASI to boost bookings for Heritage Monuments

In a push to promote India as a heritage tourism destination, MakeMyTrip Ltd. (NASDAQ: MMYT), India’s leading online travel company has signed a Memorandum of Agreement (MoA) with Archaeological Survey of India (ASI) for convenient and hassle-free online booking for 116 historical monuments and sites across India.   The agreement entails listing and offering an … Read more

The Westin Pushkar Resort and Spa appoints Vikas Kumar as the General Manager

Vikas Kumar has been appointed as the General Manager of The Westin Pushkar Resort and Spa – Westin Hotel’s first resort property in India. Kumar has taken on the responsibility for overseeing the hotel operations and ensuring stellar standards of guest service with which the Westin brand is globally renowned. Honing on his extensive experience … Read more

Qatar Airways and GE sign groundbreaking agreements

Signing ceremony held at the White House and witnessed by His Highness Sheikh Tamim Bin Hamad Al-Thani, Amir of the State of Qatar and U.S. President Donald Trump *********************************************************** As part of the agreements, Qatar Airways selected the GEnx engine to power its 30 new Boeing 787-9 aircraft along with a TrueChoiceTM Flight Hour agreement … Read more

Marina Bay Sands appoints T&A Consulting as its India Rep. ; aims to capitalize on the growing MICE segment

Marina Bay Sands appointed T&A Consulting, a representation firm based out of New Delhi as their representative office in India. The appointment supports MBS’s objective to increase the number of MICE and group movement from India and to capitalise on the growing potential of the MICE segment in the Indian outbound market to Singapore. Tarun … Read more