National, March 5, 2024: Yatra Online, Inc. (NASDAQ: YTRA), through its Indian subsidiary, Yatra Online Limited (“Yatra”), India’s largest corporate travel services provider (Source: CRISIL Report) and a leading online travel company in India among OTA players in terms of gross booking revenue and operating revenue, for Fiscal Year 2023, today announced the appointment of Gaurav Luthra as Chief Business Officer – New Business Development. As a seasoned professional with over 28 years of experience, Gaurav brings extensive industry expertise to the table. He will lend his strategic leadership to drive the company’s corporate travel proposition focused on Mid-market customers and will play an instrumental role..

As a Chief Business Officer at Yatra, Gaurav will leverage his extensive experience and proven track record, for building and further enhancing Yatra’s mid-market and SME corporate travel proposition, and developing new products such as Visa facilitation and car rentals for business travelers, thereby delivering financial growth for the company. Gaurav’s appointment further strengthens Yatra’s commitment to excellence and its vision of providing exceptional travel experiences to customers.

In his previous role as Managing Director of FCM Travel, Gaurav showcased his prowess in overseeing Indian interests for Australia’s Flight Centre Travel Group (FCTG). During his 25-year tenure at FCTG India, Gaurav emerged as a revered industry veteran, renowned for pioneering product innovations, leading technological advancements, and fostering fruitful supplier relationships to drive revenue growth. 

“I’m excited to embark on this new chapter with Yatra, and contribute to its continued success in the travel industry. Yatra’s current trajectory is incredibly promising, and I look forward to collaborating with the team to further fortify this growth. As the newly appointed Chief Business Officer at Yatra, my immediate focus will be on meticulous strategic planning to unlock the full potential of the brand, surpassing the expectations of both our customers and stakeholders alike. With innovative strategies, I’m confident we’ll lead Yatra to even greater success, delighting customers every step of the way.”

Commenting on his appointment, Gaurav Luthra

“Gaurav brings with him a wealth of knowledge, the right expertise, and capabilities that will be fundamental to help accelerate Yatra’s presence in the online travel aggregator space. I’m thrilled to have him come onboard as he will play a pivotal role in executing the many exciting opportunities we have on the horizon as we enter our next growth phase.”

Dhruv Shringi CEO & Whole-Time Director, Yatra Online Ltd

About Yatra Online, Inc.

Yatra Online Limited (BSE: 543992, NSE: YATRA) is India’s largest corporate travel services provider and the third largest online travel company in India among key OTA players in terms of gross booking revenue and operating revenue, for Fiscal Year 2023. (Source: CRISIL Report). Through the website, www.yatra.com, mobile applications, Corporate SaaS platform, and other associated platforms, leisure and business travelers can explore, research, compare prices and book a wide range of services, which include domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing, activities and ancillary services catering to the travel needs. International market experience in terms of its ultimate holding company being a NASDAQ listed company. Experienced management team and strong corporate governance comprising industry executives with deep roots in the travel industry with 90+ years of accumulated experience.

—–