Bangalore, Aug 18 - Global online travel firm Travelocity Global has acquired India's leading hotel distribution network firm Travelguru for an undisclosed amount.
'Travelguru will strengthen our businesses, teams and relationships in India, which include our online travel agency website Travelocity India. The buyout will also complement our airline solutions business in India,' the US-based company said in a statement from New York, but did not disclose the terms of acquisition.
World's leading travel marketing and distribution firm Sabre Holdings, which owns Travelocity, operates a global technology centre in Bangalore.
As the world's largest online travel firm, the $10-billion company operates Travelocity Business for corporate travel, a leading online travel community site - igougo.com, a European online travel site - lastminute.com and an online travel site in the Asia-Pacific region - ZUJI.
Travelguru, which handles reservations for about 4,000 hotels across the Indian sub-continent, facilitates customers to plan and purchase their travel in a transparent, easy and customizable manner with instant bookings and confirmations.