Online travel services firm MakeMyTrip India Pvt Ltd has acquired Hotel Travel Group (HT Group) for $25 million.
Of the total $25 million, $15 million was paid partly in cash and partly in the form of MakeMyTrip shares on November 6.
The balance $10 million is in the form of MakeMyTrip shares in three annual tranches through March 2016. Online travel Web site HT Group has been operating the website www.hoteltravel.com for more than a decade in South-East Asia, and its booking platform offers hotel reservation across the world.
» Read Complete News.....(You need to login first to read complete news). New User? Register for FREE!
» Back to Travel News