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| | Wednesday, June 30, 2010, 10:00 Hrs [IST] | Magicrooms.in to launch web-based hotel GDS by end of July 2010 | To initially target travel agents from metro cities | | By Krupa Vora | Mumbai |
| | Bengaluru-based, Magicrooms.in will launch a web-based hotel GDS by end of next month. Through the web-based hotel GDS, the company will offer inventory of hotels and service apartments across the country to travel agents on pan-India basis. The hotel will need to pay a service charge to Magicrooms.in on the basis of per room night transaction undertaken by the travel agent on the GDS. Currently, the company has a total inventory of 1,300 hotels and is targeting to add close to 300 hotels on the system every month.
The company received Venture Capitalist (VC) funding earlier this year and has also undergone a re-branding strategy keeping in mind the future growth potential of the hotel GDS. Initially, the company will target travel agents from metro cities to book hotels through Magicrooms.in, and will later tap agents from Tier I and II cities. In the second phase of expansion, Magicrooms.in will also offer inventory of homestays, farm stays and houseboats to the travel agents. The process of connecting with homestays, farm stays and houseboats will begin in the next two months. | | Read complete story >> (You need to login first to read complete story). New User? Register for FREE! |
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