Timesofindia parent group acquires stake in Travelmasti.com

Travelmasti.com which was covered on this blog couple of months ago has finally got the right recognition they deserve. This is a nice niche portal concentrating on hotel reservations instead of running with the bunch in generating revenues from Online Air Tickets reservation. They have got a good inventory on hotels and they could easily become the next travelport if they tweak their portal to become travel agent friendly. Lot of people have got into Travel agency business with just a credit card and internet connection, Portals like these can further validate and scale using them as a channel to access more customers. Study has indicated large chunk of business for IATA agencies is fronted by non-IATA travel agents.

Hence any person looking  at starting travel portal should think of business model dependent on this segment instead of targeting end user directly.


2 Responses to “Timesofindia parent group acquires stake in Travelmasti.com”

  1. 1 puchoo September 1, 2007 at 4:52 pm

    I know it’s a VC type funding, probably from their Private Treatie’s department . Invest , help a company grow by leveraging the group’s resources and sell or whatever else at a higher stake.

    Fine, sound logic, but travel esp with respect to another Internet site is not going to be easy to grow or distinguish. If that cant happen , then the investment might stand to be a no-gainer.

  2. 2 Best Ayurveda Kerala November 7, 2015 at 1:57 pm

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August 2007
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