ixigo Buys 54.66% of Brevistay for Rs 65.59 Cr, Pushes Hotels Inventory Past 10,000 Properties
ixigo's board has approved acquiring a 54.66% majority stake in flexible-stay hotel network Brevistay for Rs 65.59 crore, turning it into a subsidiary. The deal scales ixigo's hotels business to 10,000+ directly contracted India properties, deepening its push beyond air and rail into accommodation.
ixigo's board approved acquiring a 54.66% majority stake in flexible-stay hotel network Brevistay for Rs 65.69 crore, making it a subsidiary. The deal expands ixigo's hotels business to over 10,000 directly contracted India properties.