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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.
MakeMyTrip Limited is an Indian online travel company, headquartered in Gurgaon. [2] Founded in 2000, the company provides online travel services including airline tickets, domestic and international holiday packages, hotel reservations, rail and bus tickets. [3]
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.
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In June 2021, Yatra collaborated with Oyo Rooms, Airbnb, and EaseMyTrip to form the Confederation of Hospitality, Technology and Tourism Industry (CHATT), an industry body for the tourism sector of India. [14] In 2023, Yatra Online listed on the Indian stock exchanges after its initial public offering. [15]
Rooms or seats that have not been contracted between the travel company and the product supplier are handled as ‘on-request’, where each booking of an airline seat or hotel room needs to be confirmed with the supplier before being confirmed with the client.
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