Yatra Online (YTRA) has released an update.
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Yatra Online, India’s leading corporate travel service provider, has announced the strategic acquisition of Globe Travels, enhancing its market dominance with an addition of 360 corporate clients and an annual gross booking of nearly USD 90 million. This move is anticipated to further strengthen Yatra’s corporate travel and MICE (Meetings, Incentives, Conferences, and Exhibitions) offerings and is expected to be financially beneficial, providing immediate accretive value to Yatra’s financials. The acquisition aligns with Yatra’s expansion strategy and promises to deliver a more comprehensive travel experience to customers.
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