The online travel industry is set for consolidation. 7 months back, desiya was acquired by TravelGuru (rumored value: $25mn) and now, TG, the online hotel aggergator has sold it’s majority stake to Expedia for $17mn (source). The deal values TravelGuru and Desiya.com at about $30 million, which to me looks like a value erosion. TravelGuru [...]




