ixigo share price: Analysts caution against chasing the momentum in the online travel agencies, given the cyclical nature of the travel industry
The initial public offer of travel company Yatra Online received a 30 per cent subscription on the second day of the issue on Monday. The Rs 775-crore IPO received bids for 94,27,005 shares against 3,09,42,356 shares on offer, according to NSE data. The category for retail individual investors (RIIs) was subscribed 1.34 times while the quota for non-institutional investors received a 9 per cent subscription and the qualified institutional buyers (QIBs) portion was subscribed 6 per cent. The initial public offer has a fresh issue of up to Rs 602 crore and an offer for sale of up to 1,21,83,099 equity shares. The price range for the offer is Rs 135-142 a share. At the upper end of the price band, the IPO will fetch up to Rs 775 crore. Yatra Online on Thursday said it has mobilised Rs 348.75 crore from anchor investors. Proceeds from the fresh issue worth up to Rs 150 crore will be utilised towards strategic investments, acquisitions and inorganic growth and up to Rs 392 crore toward
Make a short Mumbai-Goa trip or travel for days as the ship takes you to multiple cities
Online travel company Yatra Online on Monday announced its partnership with Cleartrip, owned by the Flipkart Group, to offer a wider hotel inventory to its customers. This strategic association between Yatra and Cleartrip, both leading brands in the online travel space in India, aims to provide a boost to the entire hospitality and travel ecosystem and uplift the sentiments of both customers as well as suppliers for hospitality as the industry emerge out of the pandemic, according to a statement. Under this agreement, Cleartrip customers will now have access to Yatra.com's inventory of 94,000 hotels and homestays in over 1,400 cities and towns, the online travel company said. The addition of Yatra's inventory with real-time pricing on Cleartrip, will enable both domestic and international travellers to have access to a wider selection of relevant and ideal accommodations to meet their travel needs. Yatra.com will also benefit from this association through the large customer base of
With only a few foreign destinations welcoming tourists, players such as Thomas Cook, Yatra.com and MakeMyTrip are tapping demand for stays in villas, havelis and forts with local experiences
Travel and airline executives say leisure demand is now slowly returning with an increase in bookings to popular getaways this weekend
While choosing accommodation, over 74 per cent have preferred 4 & 5-star hotels and about 67 per cent individuals are booking hotels within two days of travelling, according to the company's data.
Hospitality partners can leverage the Amazon Business marketplace as a one-stop destination to access a wide range of products
The company is taking certain steps especially on the corporate side of business
Demands substantial damages due to alleged breach of agreement
Online travel firm Yatra Online Inc said it was seeking damages against Ebix for breaching terms of their merger agreement
Shringi said "For regions where airlines have cancelled their existing and new flights we are offering full refunds to our customers."
The issues include not getting refunds on airline and hotel bookings, getting charged a service fee even if airlines have waived cancellation charges and so on
Bookings for South-East Asia have hit a snag, and travel firms are bracing for further cancellations with the virus now having spread to Europe
Loyalty on the radar, online travel agents sharpen the hook
Yatra will be a part of Ebix's travel portfolio, EbixCash
Ebix offered to pay $7 per share to acquire 100 per cent of outstanding stock of Yatra Online
Agoda will have access to Yatra.com's inventory of over 100,000 accommodation options in over 1,300 Indian cities and towns
The TVCs promote eCash loyalty and also the airfare-drop protection feature, which shields buyers from fluctuations in prices of air tickets etc
the GST complaint system will allow the user to search through a range of flight and hotel options as per the company travel policy