London Stock Exchange-listed tourism company TUI, which has an annual turnover of 18.5 billion euros, has set its sight on the fast expanding Indian online travel market. It recently shut its business of distributing holiday packages and launched an online platform in early May for hotel and flight bookings and to compete with players such as MakeMyTrip and Yatra.
TUI has roped in Krishan Singh from Yatra to lead its online travel business in India. “India is a vast market and online travel is growing at 24 per cent, a pace double to the overall travel market. There is a