Travelport, the leading provider of critical transaction processing solutions and data for the global travel industry, has today announced the renewal of a multi-year distribution partnership with Galileo Vietnam. The re-signing of this significant agreement sees Galileo Vietnam continue as the national distribution company (NDC) for Travelport’s technology and service in Vietnam, Cambodia and Laos.
To celebrate the extended agreement, a signing ceremony and gala dinner was held at the Legend Hotel in Ho Chi Minh City, with key airlines, agency partners and VIPs in attendance.
Showing posts with label Travel portals. Show all posts
Showing posts with label Travel portals. Show all posts
Monday, July 01, 2013
NEWS | Travelport renews long-term agreement with Galileo Vietnam
Travelport, the leading provider of critical transaction processing solutions and data for the global travel industry, has today announced the renewal of a multi-year distribution partnership with Galileo Vietnam. The re-signing of this significant agreement sees Galileo Vietnam continue as the national distribution company (NDC) for Travelport’s technology and service in Vietnam, Cambodia and Laos.
To celebrate the extended agreement, a signing ceremony and gala dinner was held at the Legend Hotel in Ho Chi Minh City, with key airlines, agency partners and VIPs in attendance.
Saturday, November 10, 2007
NEWS| Expedia to expand into India next year
Expedia Inc., the world’s largest online travel agency with more than $17 billion in annual gross travel bookings, plans to grow even larger early next year when it establishes operations in India.
Sharat Dhall, managing director of Expedia’s yet-to-be launched India subsidiary, confirmed in mid-October that the company will launch a Web portal specifically for Indians. The announcement put an end to several years of speculation about when – or if – Expedia would enter India.
“We will be starting our own Web site in India shortly,” Dhall said in a statement.
“We have the strength of our international experience and exposure. Based on that, we will build our Indian operations with a long-term view.”
Himanshu Singh, managing director of Travelocity.com India Pvt. Ltd., the Mumbai-based subsidiary of Travelocity.com LP, Expedia’s largest competitor, responded to the news by essentially challenging Expedia to “bring it on.”
11/09/07 Chris Nelson/IndUS Business Journal, US
Sharat Dhall, managing director of Expedia’s yet-to-be launched India subsidiary, confirmed in mid-October that the company will launch a Web portal specifically for Indians. The announcement put an end to several years of speculation about when – or if – Expedia would enter India.
“We will be starting our own Web site in India shortly,” Dhall said in a statement.
“We have the strength of our international experience and exposure. Based on that, we will build our Indian operations with a long-term view.”
Himanshu Singh, managing director of Travelocity.com India Pvt. Ltd., the Mumbai-based subsidiary of Travelocity.com LP, Expedia’s largest competitor, responded to the news by essentially challenging Expedia to “bring it on.”
11/09/07 Chris Nelson/IndUS Business Journal, US
Wednesday, April 04, 2007
Travelocity Comes to India
After revolutionising the face of travel internationally, Travelocity, a pioneer of consumer-direct online travel services is now being launched in India. Travelocity, today unveiled its Indian online travel agency web site: travelocity.co.in and introduced its India teams, based in Delhi and Mumbai.
The new Travelocity India website offers Indian travellers an unprecedented choice of 72,000 hotels, 1,000 cruises and over 4,000 popular sights, tours and activities in the world's favorite destinations along with destination guides and other travel tools.
Visiting India to celebrate the launch, President Travelocity Asia Pacific and ZUJI Chief Executive Officer, Mr Scott Blume, commented, “Our team is in place, our site is ready, and we are poised to revolutionise the way hotels are booked in India.”
The focus on real-time local and international hotel reservations marks a strategic differentiator for Travelocity versus many other online travel agencies (OTAs) in India. Further, Travelocity India is the only online travel agency with internationally tried-and-tested, robust online reservation and payment technology that has been customised for Indian travellers. This sophisticated technology enables real-time availability search and confirmation of hotel bookings over the internet, and gives travellers access to great value travel deals which have been sourced ‘locally’ all around the world.
Indian hoteliers have embraced the chance to distribute hotel rooms online on Travelocity India, as well as via ZUJI sites across Asia Pacific, lastminute.com sites in Europe and Travelocity.com in North America.
“Do we think the Indian travelling public is ready to book hotels online – categorically ‘yes’. We’ve already processed many bookings from eager travellers showing that Indians are very ready, willing and able to make real-time hotel bookings online with Travelocity India,” said Himanshu Singh, Managing Director of Travelocity India.
Indian consumers can visit www.travelocity.co.in to book a hotel, in real time, in much the same way as they may have already booked a flight online. Travellers can search and find available hotels for when they want to travel, review hotel information and traveller reviews, make a reservation which is then instantly confirmed over the internet, and pay securely online in Indian Rupees.
In another first, Travelocity India offers its consumers the ability to book more than 1,000 global cruises, available at wholesale rates with prices shown in Indian rupees. Interested travellers can make a toll free call to speak with a cruise travel expert in order to help plan a memorable experience.
Travelocity India also offers travellers the ability to find and pre-book 4,000 popular sights, tours and activities by interest or in popular destinations worldwide, including city tours and access destination guides and other travel tools.
Indian travellers can book travel online with absolute confidence with Travelocity India. The OTA offers high internet security policy and an in-depth privacy policy to ensure travellers of confidentiality, and help to book is at hand if needed by phone or email.
Sabre-owned Travelocity is a force to be reckoned with in online travel, and is still growing. In 2006, Travelocity’s global gross travel booked exceeded US$10 billion, up 35% on 2005 results. In 2006, Travelocity’s global revenue was more than US$1billion, growth of 31% over 2005. Travelocity sold 16.6 million hotel room nights in 2006, up 30% on 2005. In Asia Pacific alone, room night sales increased by 90% in 2006 over 2005. Room nights sold from ZUJI sites in Asia Pacific grew year over year by 250%. Travelocity India’s launch extends Sabre Holdings’ already established footprint in India. Travelocity India role is to establish itself as the best place to book hotels in India.
About Travelocity
Travelocity the sixth largest travel agency in the U.S., booking US$10.1 billion in travel worldwide in 2006. Based in Southlake, Texas, Travelocity also owns and operates Travelocity Business(R) for corporate travelers, lastminute.com, a leader in European online travel and ZUJI, a leader in Asia-Pacific online travel. Travelocity is owned by Sabre Holdings Corporation (NYSE:TSG), a world leader in travel commerce.
The new Travelocity India website offers Indian travellers an unprecedented choice of 72,000 hotels, 1,000 cruises and over 4,000 popular sights, tours and activities in the world's favorite destinations along with destination guides and other travel tools.
Visiting India to celebrate the launch, President Travelocity Asia Pacific and ZUJI Chief Executive Officer, Mr Scott Blume, commented, “Our team is in place, our site is ready, and we are poised to revolutionise the way hotels are booked in India.”
The focus on real-time local and international hotel reservations marks a strategic differentiator for Travelocity versus many other online travel agencies (OTAs) in India. Further, Travelocity India is the only online travel agency with internationally tried-and-tested, robust online reservation and payment technology that has been customised for Indian travellers. This sophisticated technology enables real-time availability search and confirmation of hotel bookings over the internet, and gives travellers access to great value travel deals which have been sourced ‘locally’ all around the world.
Indian hoteliers have embraced the chance to distribute hotel rooms online on Travelocity India, as well as via ZUJI sites across Asia Pacific, lastminute.com sites in Europe and Travelocity.com in North America.
“Do we think the Indian travelling public is ready to book hotels online – categorically ‘yes’. We’ve already processed many bookings from eager travellers showing that Indians are very ready, willing and able to make real-time hotel bookings online with Travelocity India,” said Himanshu Singh, Managing Director of Travelocity India.
Indian consumers can visit www.travelocity.co.in to book a hotel, in real time, in much the same way as they may have already booked a flight online. Travellers can search and find available hotels for when they want to travel, review hotel information and traveller reviews, make a reservation which is then instantly confirmed over the internet, and pay securely online in Indian Rupees.
In another first, Travelocity India offers its consumers the ability to book more than 1,000 global cruises, available at wholesale rates with prices shown in Indian rupees. Interested travellers can make a toll free call to speak with a cruise travel expert in order to help plan a memorable experience.
Travelocity India also offers travellers the ability to find and pre-book 4,000 popular sights, tours and activities by interest or in popular destinations worldwide, including city tours and access destination guides and other travel tools.
Indian travellers can book travel online with absolute confidence with Travelocity India. The OTA offers high internet security policy and an in-depth privacy policy to ensure travellers of confidentiality, and help to book is at hand if needed by phone or email.
Sabre-owned Travelocity is a force to be reckoned with in online travel, and is still growing. In 2006, Travelocity’s global gross travel booked exceeded US$10 billion, up 35% on 2005 results. In 2006, Travelocity’s global revenue was more than US$1billion, growth of 31% over 2005. Travelocity sold 16.6 million hotel room nights in 2006, up 30% on 2005. In Asia Pacific alone, room night sales increased by 90% in 2006 over 2005. Room nights sold from ZUJI sites in Asia Pacific grew year over year by 250%. Travelocity India’s launch extends Sabre Holdings’ already established footprint in India. Travelocity India role is to establish itself as the best place to book hotels in India.
About Travelocity
Travelocity the sixth largest travel agency in the U.S., booking US$10.1 billion in travel worldwide in 2006. Based in Southlake, Texas, Travelocity also owns and operates Travelocity Business(R) for corporate travelers, lastminute.com, a leader in European online travel and ZUJI, a leader in Asia-Pacific online travel. Travelocity is owned by Sabre Holdings Corporation (NYSE:TSG), a world leader in travel commerce.
Wednesday, January 03, 2007
Travel portals are cashing in!
Travel portals are cashing in on the booming demand for hotel rooms. There has been a surge in hotel booking on travel portals in the past 12 months. About a year ago, 90% of the business for travel portals came from air ticket sales.
While the number of air ticket bookings have gone up, the travel portals have seen a significant growth in hotel booking on their sites. Hotel bookings on travel portals is up from 10% of total transactions to 25% in the last 12 months.
To meet the increasing demand for rooms, travel portals are adding more hotel rooms to their live inventory by tying up with hotels. For instance, indiatimes.com will be adding around 50-60 domestic hotels every month to its existing inventory of 1,000 domestic hotels.
Also by the first quarter of 2007, the portal will be adding around 15,000 international properties by entering into tie-ups with hotel chains like Hilton, Radisson and Le Meridien.
Travel portals have witnessed an increase in the number of hotel bookings vis-a-vis airline tickets, though majority of transactions are still for airline tickets. Of the total of 10,000 transactions that indiatimes.travel.com registers in any given week, 25% were for hotels in 2006 as compared to 10% in 2005.
Travelguru, an online travel portal, registers around 2,000 transactions daily. In January last year, 90% of transactions registered on the portal were for airline tickets and only 10% for hotel room bookings. Hotel room bookings now contribute to around 25% of transactions.
“Hotels is the fastest growing segment for online travel portals. As the market is fragmented, by offering attractive price and variety the websites are trying to capture the market,” says Ashwin Damera, CEO, Travelguru. Travelguru has tied up with 2,500 domestic hotels and 70,000 international properties such as Oberoi’s, Leela and Starwood. It will be soon tying up with the Taj Group of hotels as well.
Yatra.com which currently caters to the domestic market only, has 1,200 hotels in its inventory. While 3,000 room nights were booked on the website in October, the number rose to 5,000 in November. “We are looking at increasing our hotel inventory as the demand is increasing. We also have a rating plan for hotels in the pipeline,” says Dhruv Shringi, co-founder, yatra.com.
Hotels are also getting substantial business from the travel portals. Sarovar hotels has a tie-up with various websites such as Indiatimes.com, travelguru, makemytrip.com and yatra.com. Around 20-25 rooms every day at its properties are booked via travel portals.
“The share of travel portals is almost doubling each year. We have pre-purchase deals with these websites which enables customers to get hotel rooms at a competitive price,” says Pradeep Kalra, vice president, sales and marketing, Sarovar Hotels. Sarovar hotels has brands such as Park Plaza and Sarovar Premiere in the deluxe category, Park Inn and Sarovar Portico in mid market category and Hometel in budget category.
Majority of online bookings for hotels are for the mid market segment and budget category as against deluxe category. “Mid market and budget hotels are a natural fit for travel portals just like low cost carriers,” says Mr Kalra.
“Future of the travel portals will be driven by hotels and infrastructure,” says Prashant Muttoo, general manager, travel e-commerce, indiatimes.com. Online travel industry is a $800-million industry in India, that is, about 14% of the entire travel industry.
While the number of air ticket bookings have gone up, the travel portals have seen a significant growth in hotel booking on their sites. Hotel bookings on travel portals is up from 10% of total transactions to 25% in the last 12 months.
To meet the increasing demand for rooms, travel portals are adding more hotel rooms to their live inventory by tying up with hotels. For instance, indiatimes.com will be adding around 50-60 domestic hotels every month to its existing inventory of 1,000 domestic hotels.
Also by the first quarter of 2007, the portal will be adding around 15,000 international properties by entering into tie-ups with hotel chains like Hilton, Radisson and Le Meridien.
Travel portals have witnessed an increase in the number of hotel bookings vis-a-vis airline tickets, though majority of transactions are still for airline tickets. Of the total of 10,000 transactions that indiatimes.travel.com registers in any given week, 25% were for hotels in 2006 as compared to 10% in 2005.
Travelguru, an online travel portal, registers around 2,000 transactions daily. In January last year, 90% of transactions registered on the portal were for airline tickets and only 10% for hotel room bookings. Hotel room bookings now contribute to around 25% of transactions.
“Hotels is the fastest growing segment for online travel portals. As the market is fragmented, by offering attractive price and variety the websites are trying to capture the market,” says Ashwin Damera, CEO, Travelguru. Travelguru has tied up with 2,500 domestic hotels and 70,000 international properties such as Oberoi’s, Leela and Starwood. It will be soon tying up with the Taj Group of hotels as well.
Yatra.com which currently caters to the domestic market only, has 1,200 hotels in its inventory. While 3,000 room nights were booked on the website in October, the number rose to 5,000 in November. “We are looking at increasing our hotel inventory as the demand is increasing. We also have a rating plan for hotels in the pipeline,” says Dhruv Shringi, co-founder, yatra.com.
Hotels are also getting substantial business from the travel portals. Sarovar hotels has a tie-up with various websites such as Indiatimes.com, travelguru, makemytrip.com and yatra.com. Around 20-25 rooms every day at its properties are booked via travel portals.
“The share of travel portals is almost doubling each year. We have pre-purchase deals with these websites which enables customers to get hotel rooms at a competitive price,” says Pradeep Kalra, vice president, sales and marketing, Sarovar Hotels. Sarovar hotels has brands such as Park Plaza and Sarovar Premiere in the deluxe category, Park Inn and Sarovar Portico in mid market category and Hometel in budget category.
Majority of online bookings for hotels are for the mid market segment and budget category as against deluxe category. “Mid market and budget hotels are a natural fit for travel portals just like low cost carriers,” says Mr Kalra.
“Future of the travel portals will be driven by hotels and infrastructure,” says Prashant Muttoo, general manager, travel e-commerce, indiatimes.com. Online travel industry is a $800-million industry in India, that is, about 14% of the entire travel industry.