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Posts Tagged ‘ Travelocity ’

Expedia buys Travelocity for $280M

Sunday, January 25, 2015 | More »

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NASDAQ-listed Expedia, Inc has acquired online travel agency Travelocity from Sabre Corporation for $280 million in cash. The acquisition follows the 2013 strategic marketing agreement between Expedia and Travelocity under which Expedia has powered the technology platforms for Travelocity’s US and...

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Travelocity pulls the plug on its India site

Within months of selling hotels booking property Travelguru.com to Yatra, international online travel agency Travelocity has shut off its India site travelocity.co.in. This marks a consolidation in the fast growing but crowded OTA business in India which is dominated by home-grown majors like NASDAQ...

7 February, 2013 | More »

Travelocity Seeks Rs 167 Cr Damage From Cleartrip On Data Theft Charges

Update: The Bombay High Court has squashed the plea by Travelocity. A Cleartrip spokesperson has stated, “The Bombay High Court today rejected the plea for an injunction petition filed by Travelocity against Cleartrip; which was part of the civil suit, seeking damages of US$ 37.5 million. We stay ...

20 July, 2011 | More »

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Data Theft Controversy: Will Cleartrip Be Able To Fly The Coop?

What began as a data theft allegation has turned into a criminal case against the top management at online travel agency Cleartrip. Armed with further incriminating forensic evidence, a result of investigations over the past year, the Gurgaon police filed a charge sheet on Wednesday. The primary acc...

3 June, 2011 | More »