Yatra Wins National Tourism Award for the Third Time in a Row

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GURGAON, India and NEW YORK, September 28, 2017 /PRNewswire/ --

Yatra Online, Inc. (NASDAQ: YTRA, OTCQX: YTROF), one of India's leading online travel company was awarded National Tourism Award for its outstanding performance as a domestic tour operator for the year 2015-2016. Hon'ble President Shri Ram Nath Kovind presented the award to Mr. Manish Amin, Co-founder & CIO, Yatra.com. The company had earlier won 'Outstanding performance as a Domestic Tour Operator(Rest of India)','Outstanding performance as a Domestic Tour Operator in Jammu and Kashmir' and 'Outstanding performance as an Inbound Tour Operator-Cat C' for the year 2013 - 2014 and 'First Prize - Domestic Tour Operator (Rest of India)' for the year 2014 - 2015.

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The National Tourism Award is a recognition of outstanding achievements of the Indian tourism industry stakeholders. The Ministry of Tourism presents the National Tourism Awards to various segments of the travel and tourism industry every year. These awards are presented to state Governments, classified hotels, heritage hotels, approved travel agents, tour operators and tourist transport operators, individuals and other private organizations in recognition of their performances in their respective fields. The selection of the awardees is made by Committees constituted for the purpose.

Mr. Dhruv Shringi, Co-founder & CEO, Yatra.com, said, "We are honoured on being conferred with the tourism industry's highest accolade, the National Tourism Award for the third consecutive year. This significant national recognition further inspires us to set even higher benchmarks of excellence in travel and tourism industry. As a leading OTA in India, it is our endeavour to continue providing outstanding service to our consumers coupled with consistent delivery of services on ground."

With the goal to be 'India's travel planner', Yatra.com has been providing a 'best in class' customer experience. Yatra has the largest inventory of over 65,000 hotels in India and is also one of the biggest homestay aggregators with over 3,000 homestays across 130 cities within India.

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 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 65,000 hotels in India and over 500,000 hotels around the world.

Customers can access Yatra in multiple ways: through a user-friendly website, mobile optimised WAP site and applications, a multi-lingual call centre, a countrywide network of Holiday Lounges and Yatra Travel Express stores.

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 award for 'First Prize - Domestic Tour Operator (Rest of India)' at the India Tourism Awards held in July 2016.

Safe Harbor Statement:

This press release contains certain statements concerning the Company's future growth prospects and forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the Company's current expectations, assumptions, estimates and projections about the Company and its industry. These forward-looking statements are subject to various risks and uncertainties. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "anticipate," "believe," "estimate," "expect," "intend," "will," "project," "seek," "should" and similar expressions. Such statements include, among other things, management's beliefs as well as our strategic and operational plans. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, the slow-down of economic growth in India and the global economic downturn, general declines or disruptions in the travel industry, volatility in the trading price of our shares, our reliance on our relationships with travel suppliers and strategic alliances, failure to further increase our brand recognition to obtain new business partners and consumers, failure to compete against new and existing competitors, failure to successfully manage current growth and potential future growth, risks associated with any strategic investments or acquisitions, seasonality in the travel industry in India and overseas, failure to successfully develop our corporate travel business, damage to or failure of our infrastructure and technology, loss of services of our key executives, and inflation in India and in other countries. These and other factors are discussed in our reports filed with the U.S. Securities and Exchange Commission. All information provided in this press release is provided as of the date of issuance of this press release, and we do not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For further information, please contact: 
Manish Hemrajani
Yatra Online, Inc.
VP, Head Investor Relations
[email protected]

SOURCE Yatra Online, Inc.