Rabu, 04 September 2013

Kuoni India in alliance with Business Travel

Kuoni india has struck a strategic alliance with business travel international and, pursuant to this, has rebranded its business travel division as bti-sita. bti-sita will provide advice in the delivery of corporate travel solutions as also tailored solutions to small and medium enterprises and major national and multinational companies. the focus of this division will be on providing quality services for the business travellers. kuoni india, a 100 per cent subsidiary of kuoni travel holding, is india's largest travel company employing 1,100 travel professionals organised in six different divisions. he said the company was looking at high growth and this was a bid to capture a major share of the rs 3,000-crore corporate travel market in india. announcing this at a press conference here, the group ceo of the parent company, kuoni travel holding, hans lerch said, "bti-sita will be providing quality services for the business traveller combined with the strategic intent of becoming the leading player in corporate travel in india." bti-sita will also assist customers to re-engineer their entire corporate travel process. kuoni india, has decided to postpone its plans tap the capital market and divest 26 per cent stake for the time being due to unconducive market condistions. ranjit malkani, the ceo-india and asia-kuoni india, said that on the advice of merchant bankers, the company had decided to postpone its plans to tap the capital market.

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