Wednesday, May 21, 2008

Travelguru Rolls Out 'Travelguru Holidays' Stores

With the goal of making its market-leading range of hotels and holiday options available to a wider audience, Travelguru recently launched its first retail store, Travelguru Holidays, in Mumbai at Nirmal Lifestyle - Mumbai's popular mall in Mulund (West). Subsequently Travelguru Holidays has opened in Pune, Bangalore, Indore, Ahmedabad and Ludhiana .These one-stop travel shops meet all the travel needs of the customer at one go including hotels, holiday packages, flights and car rentals.

Speaking on the occasion, Amit Kapoor, AVP - Business Development, Travelguru said, "The primary goal of Travelguru Holidays is to reach out to customers who prefer to completely tailor their packages to their needs. We intend to bring the unique Travelguru experience, including India's largest range of hotels and holiday options, to these customers. It helps do two things -

-- Guide the customer through a differentiated holiday booking experience.

-- We build customer confidence in the products especially as high booking amounts are involved.

The experience and knowledge of our retail staff will give customers the ability to maximize their benefit from our network of over 72000 hotels globally."

"Since the inception of Travelguru Holidays we have witnessed a huge demand for domestic as well as international holidays. We intend to extend the Travelguru experience to all major and tier II cities by September end. The USP of our retail outlets is the vast reach along with the facility for real-time booking of all our hotels and flights. We find that our customers love the fact that they can immediately get their travel confirmation vouchers in hand." added Mr. Kapoor.

About Travelguru

Travelguru - India's largest hotel network - offers access to over 4000 hotels in India and over 72,000 hotels worldwide. It offers travelers the opportunity to plan and purchase their travel in a transparent, easy and customizable manner with instant bookings and confirmations. Strategic partnerships and deep supplier relationships give Travelguru the edge as an aggregator of travel services. Sorting hotels by user reviews and several other criteria are some of the distinctive value-added services. In December, 2007 Travelguru fully acquired - a company focused on hotel aggregation, distribution and technology to further strengthen the leadership position in hotel distribution. Travelguru facilitates a wide range of travel options and recommendations for domestic as well as international travelers. The Travelguru hotel advisors guide you to the most convenient place to stay including rates, amenities, landmarks and so on across India. It promotes properties from budget to luxury, single room to serviced apartment, business accommodation to leisure houseboat.

1 comment:

  1. The real estate is one sector that features as one of the most badly hit sectors following the global economic meltdown. Especially in developing countries like India, where real estate was going great guns, so to say, faced a steep downfall following the recession and inflation. Especially in the metros and the developing cities like Bangalore, real estate suffered dearly as the demand for the residential units, though increasing became a pent up demand. The badly hit economy particularly the IT sector that has a strong foothold in Bangalore, and the high rates of interest in home loans made the demand for residential units go down or at best become a pent up demand. It is believed that once the situation stabilizes the demands would start surfacing. Another very problematic issue that the real estate dealers are facing is that patrons of the currently booked flats are not willing to pay the original price that they had agreed on but the current price that is less than the original amount owing to the current economic condition. Not only the residential units but the commercial properties like the hotels in Bangalore have also naturally seen a drop in their occupancy. The ITC hotels in Bangalore that registered the highest occupancy, as high as 83%, have been forced to cut down on their tariffs by almost 20% as the occupancy has also gone down by 20%. On the contrary, the business hotels in Bangalore are surviving the tough times as the number of business travelers has not been affected as hard as the umber of leisure hotels. The budget hotels in Bangalore have seen a hike owing to the obvious reasons.


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