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The group owns the B2C online travel aggregator Goibibo, and online bus ticketing platform RedBus.in. On 31 January 2017, MakeMyTrip (MMT) acquired the ibibo Group by purchasing 100% equity interest in the ibibo Group from MIH Internet, an indirect subsidiary of Naspers , pursuant to a Transaction Agreement dated 18 October 2016.
In July 2015, MakeMyTrip invested in the travel information and hotel review portal HolidayIQ and picked up approximately 30% stake in the company. [15] In the same month, it invested $5 million in a startup called Bona Vita. [16] In January 2016, the China-based travel booking company Ctrip agreed to invest $180 million in MakeMyTrip. [17]
Cleartrip also operates Cleartrip for Business, [4] an online corporate travel management tool; Agent Box, [5] a travel tool for travel agents; and Cleartrip Mobile, [6] a travel booking app for mobile devices. In 2012, it launched new services such as Quickeys, a hotel booking application [7] and other journey planning services. [8] [9]
Hotels.com was established in 1991 by David Litman and Robert Diener as the Hotel Reservations Network (HRN), providing hotel booking via a toll-free phone number in the United States. [2] In 2001, the company was acquired by USA Networks Inc (USAI) which also acquired a controlling interest in Expedia, an online travel booking company.
Best Available Rate (BAR), also known as Best Rate Guaranteed (BRG), is a pricing mechanism used by hotels and hotel chains. It was introduced as a result of the hotel industry mimicking the airline industry, which sets price by forecasting demand. There are several interpretations and executions of BAR in the hotel industry.
Yatra made three acquisitions: ticket consolidator Travel Services International (TSI) in October 2010, [16] global distribution system provider Magicdom [17] and Indian events and entertainment portal BuzzInTown. [18]