Amadeus technology chosen by 5 online travel agents in rapidly growing Indian market
Madrid, Spain, 05 February 2007: Amadeus, a global leader in technology and distribution solutions for the travel and tourism industry, today announced that it has recently been chosen as a technology provider to five of the leading Indian online travel agencies: Indiatimes, MakeMyTrip, Sify, Travelguru and Yatra. Each of these online travel agencies is using the Amadeus API, giving online access to - and the ability to book - the full range of domestic and international airline content in Amadeus' distribution system. Each has also chosen Amadeus Master Pricer, one of the industry's leading international air fare search engines to help their users find the best fares in Amadeus.
This announcement comes at a time when the Indian online travel market is booming. According to a recent PhocusWright report (September 2006) the strong growth in the Indian online travel market is set to continue for the foreseeable future. The growth is driven by economic liberalisation and an ever growing middle class population, expected to exceed 100 million by the end of the decade. PhocusWright predicts that the online leisure market will be worth over USD2 billion in 2008, of which 25% will be transacted by online travel agencies - compared with only USD300 million in 2005.
"In 2006 Yatra was launched as a one stop online travel agency to address all the needs of the Indian traveller For us it was important to partner with a technology company that could provide us with the online tools, travel content and technology needed to scale rapidly. We are very pleased to be working with Amadeus and feel that they are fully prepared to support the ever growing online market in India", says Dhruv Shringi, Co Founder of Yatra travel.
"At MakeMyTrip it is an integral part of our strategy to offer an excellent service to our customers. This means providing them with the right technology and tools to enhance their online shopping experience and to fulfil their travel needs at the lowest rates. We are very happy to be working with Amadeus and believe that this new partnership will allow us to further improve our customer offering and build on our online success", says Keyur Joshi, Co Founder and COO of MakeMyTrip.
"The online travel agency market in
Comments, Ankur Bhatia, Managing Director, Amadeus
- ends –
Notes to the editors:
Indiatimes located in Gurgaon launched in 2002
MMT located in
Yatra located in Gurgaon launched in 2006
Sify located in Chennai launched planned for 2007
Travelguru located in Mumbai,launched in 2006
About Yatra
Yatra (www.yatra.com) is the assisted, online and call-center-based travel services company for the
About Makemytrip.com
The
partnered with ICICI to power their TravelSmart Card, is providing travel services to HSBC credit card customers, Visa and Kingfisher to service their travel offers and also power the online flight auctions of GoAir and Kingfisher on the Rediff website. Headquartered at New Delhi, MakeMyTrip has projected a turnover of Rs 600 crores (USD 130 Millions) in current fiscal, which is a 200% growth from last year's registered sales of Rs 200 crores (USD 42 Million). MakeMyTrip.com has over 450 employees on board and offers 24x7 customer service.
About Amadeus
Amadeus is the chosen technology partner for providers, sellers, and buyers of travel. The company provides distribution, IT and point-of-sale solutions to help its customers adapt, grow and succeed in the fast changing travel industry. Customer groups include travel providers (airlines, hotels, car rental companies, railway companies, ferry lines, cruise lines, insurance companies and tour operators), travel sellers (travel agencies) and travel buyers (corporations and travellers). Solutions are grouped in four solution categories – Distribution & Content, Sales & e-Commerce, Business Management and Services & Consulting.
Amadeus has central sites in
The company is owned by WAM Acquisition, whose shareholders are BC Partners, Cinven, Air




