Le Travenues Technology Limited (IXIGO) — Board Meeting

📢 Key Event
ixigo acquires 54.66% stake in Brevistay Hospitality for ₹65.69 crore

🔄 What Changed
Added over 10,000 directly contracted hotels to ixigo’s network

🔮 What's Next
ixigo may acquire the remaining Brevistay stake subject to conditions

💡 Investor Takeaway
This acquisition strengthens ixigo’s hotel supply and direct contracting capabilities, accelerating growth in its core travel ecosystem.

ixigo acquired a 54.66% stake in Brevistay Hospitality for ₹65.69 crore to accelerate its hotel supply expansion and strengthen its direct contracting capabilities. The acquisition adds over 10,000 directly contracted hotels to ixigo’s network, enhancing its multi-modal travel ecosystem and enabling cross-sell opportunities across trains, flights, and buses. This strategic move supports ixigo’s vision of becoming India’s most customer-centric travel company by integrating Brevistay’s flexible-stay expertise and on-the-ground execution with its AI-driven platform.

📄 View Original Announcement (PDF)

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