Ixigo acquires majority stake in Brevistay to expand hotel business
Indian online travel platform Ixigo has agreed to acquire a 54.66% stake in Brevistay for about $6.9 million. Brevistay specializes in flexible-duration hotel stays. Upon completion, Brevistay will become a subsidiary, and the combined network will include over 10,000 directly contracted hotels.
Impact and considerations
Ixigo strengthens its hotel business, particularly in the flexible-stay segment, enhancing its accommodation offering competitiveness.
Key points
- Ixigo acquires 54.66% stake in Brevistay for about $6.9 million.
- Brevistay, founded in 2016, specializes in flexible-duration hotel stays.
- Combined network will include over 10,000 directly contracted hotels.
- Transaction includes primary and secondary share purchases.
- Brevistay will become a subsidiary of Ixigo.
Sources and time
- Primary source
- PhocusWire / Phocuswright
- Other sources
- 0
- First source publication
- 6 Jun 2026, 03:30
- Page published
- 12 Aug 2026, 14:25
- Last updated
- 6 Jun 2026, 03:30
- Original links
- PhocusWire All News:Ixigo acquires majority stake in Brevistay to expand hotel business (opens in a new tab)Primary source · en · Published 6 Jun 2026, 03:30