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roomsXML gets high S&P rating

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roomsXML was rated MSE 2 by Crisil

roomsXML Solutions Limited has been rated 'MSE 2' by Crisil, an S&P Global company. The rating indicates high credit worthiness; good financial strength and highest operating performance.

Commenting on the new development, Prakash Bang, founder and executive chairman, says; 'I would like to recognise the support extended by our suppliers and thank our customers for reposing the confidence in us. This rating is of significance especially in the light of travel suppliers going bankrupt in recent times.'

S&P Global (Standard & Poor’s), established in 1860, is the world’s foremost credit rating agency, actively followed by government and corporate sector to make informed investment decisions. CRISIL, an S&P Global company, is India’s leading rating agency.

On the back of a stellar run, roomsXML.com was voted World's Leading Hotel Booking Solutions Provider by World Travel Awards. The award was presented at a gala function held at Maldives on the evening of December 2, 2016. More than 1.1 million votes were cast during our Grand Tour 2016, both from members of the public and from within the hospitality industry, in order to shortlist and finalise the winners list. Established in 1993, the World Travel Awards brand is recognised globally as the ultimate hallmark of quality, with winners setting the benchmark to which all others aspire.

Bang adds, 'It's indeed an honour to receive this coveted award. In 2015 we were adjudged the winner in the category for Asia Pacific. Earlier this year we were the winners from Middle East. And now we are on top of the world. Substantial investments in product development and enriching user experience got us here. I would like to thank our customers, suppliers and the entire team at roomsXML.'

roomsXML is an online accommodation wholesaler serving travel agents. And because it solely focuses in offering accommodation, it can do so cost-effectively. roomsXML has direct contracting offices and dedicated business units strategically located across the globe. Their local reach combined with global buying power enables them to establish fruitful relationship with hotels.

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