Mumbai, Maharashtra, India
Visa International and Travelguru are giving Visa cardholders who make bookings for domestic airlines (Indian Airlines, Jet Airways and Kingfisher Airlines) and hotels listed on Travelguru up to 50 per cent cashback on their travel bookings. The cashback offer is valid to December 31, 2007 and can be availed by booking via the website travelguru.com or by calling the Travelguru reservation center.
All Visa cardholders are eligible for cashback savings:
-- Visa Signature cardholders can enjoy 50 percent cashback on airline bookings and 25 percent cashback on hotel bookings
-- Visa Platinum cardholders can enjoy 25 percent cashback on airlines and hotel bookings
-- Visa Gold cardholders can enjoy 15 percent cashback on airline bookings and 25 percent cashback on hotel bookings
-- All other Visa cardholders can enjoy 7.5 percent cashback on airline bookings and 15 percent cashback on hotel bookings.
Speaking on the launch of the offer, Santanu Mukherjee, Country Manager - South Asia, Visa International Asia Pacific highlighted that domestic travel among Indians has increased to 430 million trips in 2006, up 13 percent from 2005. The average annual growth rate has been more than 10 percent since 2000. "Indians are traveling more than ever and last year they made 3.5 million transactions on their Visa cards while traveling overseas ."
He added, "Now Visa cardholders who make their airline and hotel bookings online on the Travelguru website can experience the dual benefits of cashback offers and the ability to make convenient, secure and faster travel bookings and payments. We are proud to partner Travelguru in providing this offer to our cardholders."
Ashwin Damera, founder and CEO, Travelguru said he was excited by the potential of the joint promotion. "We always look to get the best deals to the widest number of Indian travelers possible. As India's largest hotel network, we are happy to offer this great cashback on more than 4,000 hotels across India. Also, offering up to 50 percent off on three premier airlines should bring great value to Indian travelers," said Damera. "We are delighted to partner with Visa, to bring this offer to the more than 53 million Visa debit and credit cardholders in India. Planning business trips or holidays for the rest of this year will now be easier than ever and Indian customers will be the ultimate beneficiaries."
About Travelguru.com
Travelguru is a pioneering travel solutions company and India's Largest Hotel Network. It offers travelers the opportunity to plan and purchase their travel in a transparent, hassle-free, quick and smart way. Strategic partnerships and alliances with travel industry leaders give Travelguru the edge as an aggregator of travel services. Backed by next generation, real-time, metasearch technology, Travelguru throws up a wider range of travel options for domestic and outbound international travelers. Promoted by two Harvard Business School alumni with significant travel, technology and corporate experience and a team of experienced professionals from industries such as hospitality, travel & trade, financial services and E-commerce, Travelguru is set to redefine the way India travels. Travelguru can be found on the World Wide Web at www.travelguru.com or can be reached by calling the company's toll free reservation center 1-800-22-4878 (MTNL & BSNL lines) or 1-800-102-4878 (for Airtel users).
About Visa
Visa connects cardholders, merchants and financial institutions through the world's largest electronic payments network. Visa products allow buyers and sellers to conduct commerce with ease and confidence in both the physical and virtual worlds. Visa is committed to the sustained growth of electronic payment systems to support the needs of all stakeholders and to drive economic growth. Visa products currently generate more than $4.8 trillion in sales volume worldwide. Visa enjoys unsurpassed acceptance around the world. In addition, Visa/PLUS is one of the world's largest global ATM networks, offering cash access in local currency in over 170 countries. For more information, visit www.corporate.visa.com
Source: travelguru (Business Wire India)
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