EbixCash has announced that it has signed agreements to acquire the assets of Delhi-based Pearl International Tour & Travels and Mumbai-based Lawson Travels & Tours. The two companies cumulatively conduct a Gross Merchandise Value (GMV) of approximately $140 million. Both these companies will be integrated into EbixCash’s Via travel Division. The acquisition of the assets of the two companies will increase EbixCash’s travel expanse across its two travels brands Via & Mercury, to a total GMV of $ 1.16 Billion. Besides increasing EbixCash’s travel foothold by 10,000 agents, it will also add 300 corporate clients and key B2C portals like www.sastiticket.com to the EbixCash travel spectrum of products and services. Ebix believes that the two acquisitions, once fully integrated into its Via division will generate operating margins of 30 per cent or more, over the next few months. Robin Raina, Chairman, President and CEO, Ebix, said, “We have set up a very simple goal for ourselves in 2019 as far as the travel industry goes. We want to be India’s most profitable travel company besides being a clear No 2 in terms of top line by the end of 2019. With GMV of approximately 8,000 crores ($ 1.16 billion) including Pearl and Lawson at present, we are clearly getting very close to that goal. We are in the unique position of having a rich portfolio of other services like travel insurance, health insurance, foreign exchange, outward remittances, visa services etc., that perfectly complement our travel portfolio leading to extensive cross selling opportunities for us and a one-stop service experience for our B2B and B2C travel clients across the globe.”
Read More »VisitBritain and Reliance JIO promote cricket world cup in Britain
VisitBritain India has partnered with Reliance JIO to promote tourism to Britain, as the date gets closer to the biggest celebration of Cricket, which will be hosted by England and Wales. VisitBritain and Reliance JIO have created a five-part Travelogue series with celebrity and social media influencer Tridha Choudhury to promote the best of Britain, which shows her travelling around the country experiencing the culture, food and drink as well as its sporting offer. The series is scheduled to be aired on JIO TV from January 21-25, 2019. Tricia Warwick, Director, APMEA, VisitBritain, said, “India is a very important market for VisitBritain and we want the UK to be the number one destination globally for Indian travellers. A shared passion for cricket is a very strong connection between our countries. With this year’s ICC Cricket World Cup being hosted by England and Wales, it provides us with a fantastic and valuable opportunity to promote our associated destinations and tourism activities as well as the amazing experiences that Indian travellers can only have in Britain. We are working with partners in India including tour operators, OTAs, content partners and airlines to amplify our marketing reach and convert the aspirations to visit Britain this year into bookings, promote regional destinations and make it easier for visitors to explore more of our nations and regions. It is a great time to book a trip.”
Read More »Lufthansa City Center partners with Travels and Rentals for Affiliate Program in India
Lufthansa City Center (LCC), which is operating a franchise model consisting of IATA-affiliated independent travel agency entrepreneurs, is now piloting an Affiliate Program in India, for which it has partnered with Travels and Rentals. As a Premium LCC member, Travels and Rentals is now authorised to serve as a hub agency for directly connected LCC affiliate members in India. With more than 570 offices in over 90 countries and a total turnover of approximately 5.3 billion euros, Lufthansa City Center is the biggest independent travel agency franchise system worldwide.
Read More »Destinos India bags SITE Crystal Award
The Society for Incentive Travel Excellence (SITE) recently recognised Destinos India with a ‘Crystal Award for Best Destination-based Incentive Travel Program’ at the Crystal Awards Recognition Ceremony held during SITE Global Conference 2019 in Bangkok, Thailand. Considered the highest honour in the Incentive Travel industry, SITE Crystal Awards recognise creative, practical, and truly memorable incentive programmes that not only keep employees engaged, but also drive business results. Annamaria Ruffini, CIS, CMP, SITE President 2018, commented, “As the Society for Incentive Travel Excellence, it’s only fitting that we have our own reward and recognition programme to highlight excellence in incentive travel. The Crystal Awards programme is a long-standing SITE tradition, part of our association since 1980 and a hotly-contested, much-anticipated annual event. It confers the highest honour in our industry to incentive travel professionals who have clearly demonstrated how incentive travel leads to business results.” Destinos India selected the crown of “Incredible India” – Delhi, Agra and Jaipur – as the triple-city destination to provide the experience of a lifetime for 140 qualifiers from all over the world. Sanjay Malhotra, Director, Destinos India, commented, “Right after our inception as a DMC, this was the first dream project to put our heart and soul in to deliver an incredible incentive voyage. With detailed research, offbeat vision, sagacity, prevision, dedication and micromanagement, backed by hard work by our experienced, professional and enthusiastic team, we transformed all possible challenges to opportunities and presented an incentive journey to cherish for a lifetime. This award becomes even more special and important for us as we have got it in the very first year of our existence.” Randir Brar, Director, Destinos India, added, “It is a special …
Read More »Globus family of brands introduces Cosmos Lite for ‘á la carte tours’
Globus family of brands introduces Cosmos Lite — world’s first á la carte tour style. Combining the essential features of award-winning Cosmos tours with a personalised approach to daily itineraries, Cosmos Lite offers hassle-free travel with the freedom to tailor an itinerary to interests, budgets and pace. New for the current year, Cosmos Lite is unveiling 10 innovative itineraries that combine major cities with undiscovered, lesser-known destinations across Europe. Cosmos Lite vacation packages include city-to-city transportation, comfortable hotels, daily breakfasts, professional tour director, MyCosmos optional excursions and CosmosGo mobile app. Scott Nisbet, President and CEO, Globus family of brands, said, “With the introduction of Cosmos Lite, we’re giving travellers an independent touring option: a new way to see, explore and experience the world around them. We get them to each destination and coordinate comfortable accommodations but their days – and the activities they plan – are up to them.” In 2019, Cosmos Lite is introducing 10 new vacation packages in Europe: Spanish City Explorer (9 days, priced from $899) Spanish Heritage Explorer (8 days, priced from $699) Portugal Explorer (7 days, priced from $749) Italian Explorer (8 days, priced from $899) Northern Italy Explorer (8 days priced from $899) Veneto Explorer (7 days, priced from $899) Danube Explorer (8 days, priced from $899) England Explorer (7 days, priced from $899) Ireland Explorer (7 days, priced from $849) Scotland Explorer (7 days, priced from $899) Varesh Chopra, Regional Director –India, South Asia & Middle East, said, “Free of commitments and full of possibilities, Cosmos Lite’s á la carte touring invites travellers to design each day with free time, me time or see time. A Cosmos Lite vacation frees up days so travellers can …
Read More »Hotels in Sikkim boycott Go-MMT effective January 16, 2019
The Sikkim Hotels & Restaurants Association (SHRA) recently convened hoteliers’ meeting in Gangtok during which it was unanimously agreed to not continue conducting business with Go-MMT until the concerns were addressed and resolved. Effective January 16, 2019, hotels in the state have indefinitely closed inventory to the OTAs and have decided to not honour any new bookings that might come through. During the meeting, SHRA member hotels also decided to terminate their contracts with Go-MMT immediately. Pema Lamta, President, SHRA, said, “We are in solidarity with the country’s apex hospitality body – Federation of Hotel & Restaurant Associations of India (FHRAI) and also our regional body – Hotel & Restaurant Association of Eastern India (HRAEI) in uniting against the OTAs’ unfair and discriminatory business practices. We have made an official appeal to all our members to not honour Go-MMT bookings from January 16, 2019, and have requested them to terminate their contracts with the OTAs immediately. However, we will accommodate guests who have already been booked through Go-MMT even after the 16th. We do not want our guests to be harassed or inconvenienced. However, they will be requested to make payments directly to the hotel instead of to the OTAs.” Many other hotel Associations across India have accused the said OTAs of charging exorbitant commissions, unfair accounting practices and unauthorised and further discounting of hotel prices set by hoteliers. The boycotting of the two online portals gained momentum after Ahmedabad Hotel Association had first raised the issue, which many other associations and hotels followed on later. “SHRA had earlier written to OTAs with concerns raised by local hotels and even held meeting with them. The association had raised specific concerns …
Read More »Key travel players discuss ideas and trends at Travolution Asian Summit in Delhi
The inaugural Travolution Asian Summit, held on January 15 in Delhi, brought together all stalwarts and key stakeholders of the travel and tourism industry for sharing knowledge and powering partnerships. Welcoming delegates at the event, Lee Hayhurst, Editor, Travolution said, “We are happy to be here and are hoping to make this a regular event. We started 13 years ago with an idea to bring the travel and technology industry together to discuss ideas, trends and observations in the industry. I think the world of technology is bringing us closer. At this event, we’ve got keynotes, interviews and sessions for the attendees,” he said. The keynote speaker was Deep Kalra, Chairman & Group CEO, MakeMyTrip, who gave an overview on ‘Indian Market Growth and Opportunity’.
Read More »IRCTC offers free travel insurance for air passengers
IRCTC has partnered with Bharti AXA General insurance company to provide free-of-cost travel insurance to customers who book air tickets through the IRCTC’s air ticketing website. IRCTC Air is set to offer free air travel insurance worth up to Rs 50 lakh for the customers. It is a first-of-its-kind initiative and the travel insurance will provide passengers with financial protection against accidental deaths as well as total permanent disability, according to a statement by IRCTC. The premium for the insurance will be borne by IRCTC to secure the passengers from any untoward incident during any journey. The aim behind this partnership is to make air travel hassle-free. The travel insurance cover will be for both one-way trips and round trips of air travel, when booked on the IRCTC air ticketing portal.
Read More »Desaru Coast, Malaysia appoints Knack Marketing as India representative
Desaru Coast, Malaysia has appointed ‘Knack’ Marketing as its sales representative in India. The appointment will support Desaru Coast in building brand awareness, execute ongoing public relations, implementing trade programmes, providing packaging solutions to the partners in India and increasing the number of visitors from the Indian market to Malaysia. Medha Sampat, Director, Knack Marketing, said, “We are excited about this new collaboration with Desaru Coast. This is a carefully planned development to woo the tourism sector. The easy accessibility, massive infrastructure with its beautiful beach, consists of stays in luxury accommodations, its extravagant conferencing facilities, state-of-the-art theme park, stunning golf course, bundled with amazing gourmet options making it a perfect getaway for the Indian traveller.” Desaru Coast is a premium integrated destination resort and one of Malaysia’s most anticipated new tourism developments. It offers a premium experience for everyone from families and couples to business travellers and golf enthusiasts. The resort is anchored by four world-class hotels and resorts namely The Westin Desaru Coast Resort, Hard Rock Hotel Desaru Coast, Anantara Desaru Coast Resort & Villas and One & Only Desaru Coast for premium travellers and a Conference Centre fitted with modern facilities. Philip Whittaker, Chief Commercial Officer, Themed Attractions Resorts & Hotels (TARH), added, “We are looking forward to this partnership with Knack Marketing and are confident that together, we can strategically position Desaru Coast as the brand that will elevate the tourism industry in Malaysia.”
Read More »Punjab High Court overrules Air India’s move to shift to single GDS platform
In a major setback to state-run Air India, the High Court of Punjab and Haryana has overruled the national carrier’s decision to shift domestic ticket-booking business exclusively on Travelport, asking it to continue using the services of Amadeus and others to book domestic and international flights. Air India had discontinued services of all other global distribution system (GDS) portals from December 5, 2018. The judgement of the HC read, “An interim direction is issued to Air India Limited to continue to allow using GDS of Travelport, Sabre and Amadeus, as was being used prior to Decemeber 4, 2018 and till further orders, Air India inventory will be made available to Amadeus also, as was being done prior to December 4, 2018.” The court has given Air India three weeks’ time to respond to the judgement with relevant documents. The court noted that under Article 12, the Air India was duty-bound to invite bids before giving exclusive rights to any agency for GDS. It is further contended that Air India was duty-bound to call bids in the form of tenders and that Amadeus could not be arbitrarily excluded from sale of tickets for domestic flights. Source: Moneycontrol
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