U.S. Travel Firm Buys Out India's Travelguru Date:   Monday , August 31, 2009 Travelguru, an online ticketing website, has been acquired by global online travel firm Travelocity Global for an undisclosed amount. "Travelguru will strengthen our businesses, teams, and relationships in India, which include our online travel agency website Travelocity India. The buyout will also complement our airline solutions business in India," the U.S. based company says in a statement from New York. Travelguru will continue to operate as a standalone business in India, focused on growing hotel demand and distribution network, while Travelocity India will continue its full service online travel agent focus, including international and domestic air, hotel, and package travel. "We will leverage the benefits of increased access to hotel content across our sites, our distribution partners, and synergies in product, technology, partnerships, and innovation across both businesses over time," Travelocity Asia-Pacific Vice-President Roshan Mendis says.