Travel Boutique Online (TBO) Group has launched its budget hotel chain under the brand name- BOHO Hotels. “The focus with BOHO Hotels is to cater to the budget segment of travellers. We believe there is a lot of demand for budget hotels in the market and especially with GST being implemented, we felt it was the right time to venture into the Tier-II and Tier-III cities. To begin with, we have opened the first hotel in Rishikesh. The second hotel will be launched in a few months in Delhi,” said Ankush Nijhawan, Managing Director, Nijhawan Group of Companies. The company will soon venture into other cities like Jaipur, Pune, Hyderabad and Cochin, added Nijhawan.
Read More »TBO & FxKart offer B2B forex facility
In a strategic equity partnership, Travel Boutique Online and FxKart.com, an online market place for money-changers have come together to offer foreign exchange facilities to travel agents. Abdul Hadi Shaikh, CEO, FxKart, explains, “We have done a deep integration with the TBO portal. TBO agents can log on to their existing TBO platform, access the forex tab and get the best rates for forex in the city. Fxkart’s innovative instant forex deal discovery platform lets authorised money changers in the market bid for the best price in real time offering agents the best deal. Once the order is booked, the customer service finalises the deal and a seamless forex delivery takes place.” Shaikh further informs that travel agents can get commissions on every deal booked through options like per deal basis or percentage mark-up. Ankush Nijhawan, Co- Founder, TBO Group, informs that within two days of the launch of the product, there were 300 travel agents who searched for forex requirement on the platform, transacting business volume worth over a million dollars without any marketing of the product. “Our vision with the product is to disrupt the way the foreign exchange business is done in the B2B space,” says Nijhawan.
Read More »TBO buys stake in Deyor Camps
Travel Boutique Online has taken equity stake in Deyor Camps, a chain of branded adventure camps in India. Travel Deyor Camps will be leveraging Travel Boutique Online’s distribution of 19,000 agents in India. Deyor Camps was founded by Dheeraj Jain, Chirag Gupta, Aakaar Gandhi and Gautam Yadav. Under the new partnership, Travel Boutique Online will enable its partners to sell branded campsites at more than 45 locations in India. Ankush Nijhawan, CEO, Travel Boutique Online, said, “Deyor Camps is a niche product, which would certainly attract the young, under 30 crowd in India as well as the MICE segment, especially within the Small and Medium Enterprises. The camps offer a great scope for team building. With the new partnership, TBO is exposing the inventory of Deyor Camps to its partners, to further sell this niche product to their customers.” Gautam Yadav, CEO, Deyor Camps, said, “Travel Boutique Online has access to 19000 travel agents, and we are sure of getting good business through that for Deyor Camps.”
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