Yatra.com Acquires 100% Stake in Travelguru.com

June 30, 2012: Yatra.com, India’s leading online travel company, today announced it has agreed to acquire a 100% stake in Travelguru from Travelocity Global. Travelguru will continue to operate as a separate entity under its existing brand name. When completed, this acquisition will be Yatra.com’s fourth major acquisition in the last 18 months, following the purchase of TSI in October 2010, MagicRooms in June 2011 and Buzzintown in January, 2012.

The acquisition of Travelguru will strengthen Yatra.com’s position as the leading company in the Indian online travel space and substantially extend its position as the premiere aggregator and seller of domestic hotels and holidays in India, adding to its already strong offerings for flights and outbound holidays.

Travelguru is India’s largest hotel distribution network offering access to more than 6,500 hotels in India and 72,000 hotels worldwide. It offers travelers the opportunity to plan and purchase their travel in a transparent, easy and customizable manner with instant bookings and confirmations. Keenly focused on growing Indian hotel demand, Indian hotel supply and a wide distribution network, Travelguru facilitates a broad range of travel options and recommendations for domestic as well as international travelers.

Commenting on this new development, Mr. Dhruv Shringi, co-founder and CEO, Yatra.com said, “This acquisition will significantly strengthen our domestic hotels and holidays business and reinforces our growth strategy and long term commitment and belief in the Indian online travel industry. Not only will this consolidation increase our customer base, but it also widens our product portfolio and leverages our ability to bundle solutions, offering better deals and value propositions to our customers. The acquisition will also provide Travelguru’s hotel partners with a much wider distribution network through Yatra.com and its B2B network of 10,000+ agents.”

Roshan Mendis, President, Travelocity North America said, “The two brands have obvious synergy and are an excellent fit. Moving forward, we will work closely with the Yatra.com team on a transition plan and an arrangement to source India hotel content for Travelocity Global so that our customers continue to have the best access to accommodation options in India.”

Previously, Yatra.com acquired ticket consolidator Travel Services International Pvt. Ltd (TSI) to strengthen its foray into the B2B consolidation space. In July 2011, Yatra.com acquired hotel aggregation company, MagicRooms, offering access to a live inventory of over 3,000 hotels across India. In January, 2012, premier event and entertainment promotion portal Buzzintown was acquired by Yatra.com expanding Yatra’s portfolio and giving consumers the access to service beyond travel.

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Yatra on Mobile

You do more things on your mobile phone now than you ever did a few years ago. Checking emails, socialising, making payments and every other errand you can think of. Then why should travel be far behind?

Now, access Yatra.com on your mobile phone by typing ‘www.yatra.com’ on your phone’s browser to search and book flights and compare fares – anywhere, anytime. It is as safe and secure as our website.

To book your tickets online, ensure that your mobile phone is WAP-enabled with an active GPRS connection. Activate the GRPS connection by calling your mobile operator’s customer care number. All WAP-enabled handsets can access Yatra’s WAP portal.

Using Yatra’s mobile site is free apart from the GPRS usage as charged by your mobile operator. You can book for up to 6 passengers on any airline and can pay using your credit card. You can even book a round trip ticket with just as much ease.

A PNR will be sent to your mobile phone as an SMS and also as an email to the ID you provide while entering the booking details.

Go to the airport, show the confirmation SMS at the airline counter at the entrance of the airport and take a printout before check-in.

If you face any difficulty while using this service, our Mobile Helpdesk would be happy to help you. Write to mnmteam@yatraonline.com for change or cancellation of bookings. You can also call us on 09871800800.

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Steal-a-Deal

When you want to go on a vacation without spending too much, just Steal-a-Deal!

Steal-a-Deal brings you awesome travel deals that can help you save up to 80% on your travel!

How it works:

1. Go to http://deals.yatra.com/subscribe/index.php#2 and subscribe to receive these deals.

2. Check your email, Facebook or Twitter feeds for our daily deals and cool offers.

3. Yatra.com’s Steal-a-Deal is more fun when shared with friends. Send interesting deals by email or broadcast them to your social networks.

4.  When you get the deal of your choice, print the voucher or carry it on your mobile device. Present the voucher and get your deal.

With Steal-a-Deal, find hundreds of national and international destinations at rates you didn’t imagine possible.

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Set a Low Fare Alert

At Yatra.com, we understand that you want to travel at the lowest fares possible. There may have been times when you have endlessly scouted for travel sites that offer the lowest price for your travel plans but were unable to find any good deals. Well, not any longer.

Yatra.com introduces Low Fare Alert, a unique feature that informs you about the lowest fares to any destination of your choice.

To use this feature, click on the ‘Low Fare Alert’ icon and follow these steps:

1. Choose the ‘From and ‘To’ destinations.

2. Enter the date you want to travel on. (You can view more flight options by selecting ‘+/- 3 days’.)

3. Enter your approximate travel budget.

Leave you e-mail ID and mobile number with us and we’ll get back to you whenever a similar fare is available.

Set a Low Fare Alert and let Yatra.com search for you!

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EMI Scheme: Travel Now, Pay Later!

Isn’t this the most attractive offer? Book now and pay in 3 easy installments!

Yatra.com introduces an exciting offer for Citibank and HDFC Bank credit card holders. This offer ensures that a luxury holiday doesn’t burn a hole in your wallet.

How it works:

Step 1: Fill the travel booking form and find a travel deal of your choice.
Step 2: Choose your preferred airline or hotel and continue with the booking process.
Step 3: On the payment page, select the EMI option and complete the booking with your Citibank or HDFC Bank credit card.

Your booking will be processed and a confirmation will be sent to you.

Remember:

a. This offer is available to Citibank and HDFC Bank credit card holders only.
b. The payment will be collected in 3 equated monthly installments. The first installment will reflect in your next credit card statement and the remaining two in the statements thereafter.
c. The offer is not available to Citibank and HDFC Bank debit card holders.
d. This payment option is available for online bookings made on the Yatra.com website only.

Happy travelling!

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