Gurugram, India, August 19, 2020: Yatra Online, Inc. (“Yatra”) (NASDAQ: YTRA, OTCQX: YTROF), one of India’s leading online travel agencies, has announced its collaboration with Amazon Business, in an effort to provide hospitality partners with products, catering to the hospitality segment.
Yatra’s hospitality partners can leverage the Amazon Business marketplace as a one-stop destination to access a wide range of products across categories to cater to their various needs to service customers and procure products in a safe and efficient manner. These partners can choose from a wide selection of products like commercial-grade kitchen appliances, kitchen storage solutions, linen &, décor items, waste management products, large appliances, office supplies, safety and sanitization products, and much more. They will get access to deals from over 3.5 lakh sellers across the country and not just be reliant on their local network for procurement. With the disruption of the traditional supply chain in the aftermath of the COVID-19 pandemic, they will also get the added convenience of Amazon’s safe and reliable delivery infrastructure when shopping on the Amazon Business marketplace.
Hospitality partners of Yatra can enjoy benefits of bulk pricing and GST invoices to ensure compliance and claim input tax credit along with 4%* unlimited cashbacks on business purchases. This partnership aims to create a ‘one-stop-shop’ for 108,000 hotels across the country, thereby improving accessibility and procurement processes.
Commenting on this association Dhruv Shringi, Co-founder & CEO, Yatra.com, said, “We are glad to announce our association with Amazon Business to help our hospitality partners for all their daily and monthly product requirements. This is another step towards diversification of our portfolio beyond travel. Backed with our extensive network of hotels across India, we are moving ahead to extend our portfolio through seamless integration on the Yatra partner platform. Amazon has been a market leader in the e-commerce space and through Amazon Business, we want to offer an avenue to our partners where necessities are just a ‘click’ away.”
Sharing his comments on the tie-up, Peter George, Director, Amazon Business, said, “We are happy to partner with Yatra.com and help its hospitality partners get access to a one-stop destination for all their emerging operational needs. Amazon Business marketplace helps business customers conveniently discover and save on over 15 Cr products ranging from commercial-grade kitchen appliances, Large Appliances, Home Décor, Office supplies and storage solutions and more with the added advantage of GST invoice for input tax credit and bulk purchase discounts. The partnership will help our sellers reach lakhs of hotels across the country as they kick-start operations again.”
This initiative is live on Yatra’s hospitality partner platform and is available pan-India. Extending the company’s purpose of helping partners and ensuring customers safety, it aims to provide a convenient shopping option for quality products.
About Yatra Online, Inc and Yatra Online Pvt Ltd
Yatra Online, Inc is the parent company of Yatra Online Pvt. Ltd. which is based in Gurugram, India, and is India’s leading Corporate Travel services provider with over 800 Corporate customers and one of India’s leading online travel companies and operates the website 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. As a leading platform of accommodation options, Yatra provides real-time bookings for more than 108,000 hotels in India and over 1,500,000 hotels around the world.
Launched in August 2006, Yatra was ranked the Most Trusted E-Commerce Travel Brand in India in the Economic Times Brand Equity Survey 2016 for the second successive year, and has won the National Tourism Award for ‘Best Domestic Tour Operator (Rest of India)’ conferred by the Government of India for the fourth time.