Gurugram, India and New York, New York--(Newsfile Corp. - April 20, 2022) - Yatra Online, Inc. (NASDAQ: YTRA), India's leading corporate travel services provider and one of India's leading online travel companies today announced the launch of a Meta Search tool on their corporate travel booking platform. This easy to use tool should help in reducing the friction and bridge the gap that currently exists between search and booking of flights and hotels. With the implementation of this option, large corporations who have multiple vendor partners will be able to search across those vendors and display the best available options for their employees on a single screen along with rates directly contracted by the corporates with airlines and hotels.
As business travel continues on its path of a strong recovery in India, this Meta search tool should enhance booking convenience and save costs for business travelers. This Meta search tool will allow multiple vendors to offer their most competitive bids for travel requests made on the platform by corporates, while also acting as a single window for travel requisition, receipt, and expense management.
Commenting on the launch of this Meta Search tool on the corporate platform, Dhruv Shringi, Co-Founder & CEO, Yatra Online, Inc. said, "We are pleased to announce the addition of the Meta search tool on our platform. The integration of this option on Yatra.com's corporate booking platform will enhance the relevance of search results gathered for various flights and hotels, providing a consolidated view. In our continued endeavor to enhance the UX of our Corporate travel platform we are optimizing the platform to allow our users to access information on a single screen in order to facilitate air and hotel bookings. We believe with corporate travel recovering strongly - Our two key verticals IT Services and Consulting accounting for over 50% of our large corporate business have now collectively recovered to over 74% of pre-COVID levels - this tool should help further drive self-book transactions on our corporate travel platform thereby enhancing margins."
The search option is being made available across domestic and international flights and hotels.
Keeping the interests and needs of its corporate customer base at the forefront, Yatra.com is expanding the current scope of its self-book platform to a platform with rich integrations, special request management, advanced supplier management, and precise and agile reconciliation dashboards.
About Yatra Online Limited
Yatra Online, Inc. is the ultimate parent company of Yatra Online Limited (Formerly known as Yatra Online Private Limited) whose corporate office is based in Gurugram, India and is India's leading corporate travel services provider with over 700 large corporate customers and one of India's leading online travel companies and operates the website https://www.yatra.com/. The company provides information, pricing, availability, and booking facility for domestic and international air travel, domestic and international hotel bookings, holiday packages, buses, trains, in city activities, inter-city and point-to-point cabs, homestays and cruises. With approximately 94,000 hotels and homestays contracted in approximately 1,400 cities across India as well as more than 2 million hotels around the world, the company is India's largest platform for domestic hotels. The company recently launched a freight forwarding business called Yatra Freight to further expand its corporate service offerings.
For more information, please contact:
Manish Hemrajani
Yatra Online, Inc.
VP, Head of Corporate Development and Investor Relations
ir@yatra.com
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