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Travel Daily Media | October 03, 2019
EbixCash has acquired the corporate travel business from Cox & Kings for an undisclosed amount. This is its second acquisition in recent months, after its purchase of Yatra.com. The company said it has signed a deal with Cox & Kings to transfer its business travel agreements to the EbixCash’s Mercury Travel division. “Under the agreement, key employees of Cox & Kings will be transferred to the EbixCash payroll, with immediate effect. This transfer agreement is part of Ebi...
Market Research Report | June 04, 2019
Growing inclination of people towards unique and exotic holiday experiences, rise in middle and upper middle class spending and the increasing impact of social media on travel industry are the key factors that drive the market growth. Emerging new destinations coupled with rising service standards in the travel industry, is anticipated to further drive the demand for Luxury Tourism, globally....
Travel Trends Today | January 16, 2020
EbixCash, a fully owned subsidiary of Ebix, announced a strategic travel technology partnership with Amadeus to grow its footprint across the Asia Pacific region and UAE and become a one-stop shop for travel. The partnership will provide EbixCash’s online websites, travel agents and corporations in Asia Pacific and UAE with greater access to the unrivalled breadth of content offered by the Amadeus Travel Platform, enabling EbixCash to better serve its customers. Built on fully open systems...
Travel Weekly | January 14, 2020
Direct Travel , a roll-up of travel management companies based in the Denver area, has acquired Professional Travel of Cleveland (No. 31 on the Power List). Terms of the acquisition, Direct Travel’s largest in the U.S. to date, were not disclosed. According to Direct Travel, Professional Travel has more than 175 employees with sales of $448 million. Professional Travel’s leadership team will remain in place following the acquisition. “We’re enthusiastic to begin this new ...
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