financeSkift··1 min·For: Owner, Investor, Revenue, IT, GM
Ixigo Acquires Brevistay for $17.4M to Expand Hotel Stack
Indian online travel agency Ixigo has announced a majority stake acquisition in Brevistay Hospitality to expand its hotel booking capabilities and AI-driven planning tools.
Key Takeaways
- 1Acquire a 54.66% majority stake in Brevistay Hospitality for $17.4 million to bolster hotel inventory.
- 2Integrate more than 10,000 directly contracted hotels across India into the Ixigo ecosystem.
- 3Leverage new AI investments and the 'Tara' assistant to keep trip planning within its own platform.
Source: Skift
Keep reading
Our reporting
More in finance