Parsing XML to get C# Business Object

Question

Input XML is like

 

<BusDetails>
<BusName>Bus001</BusName>
<BusID>AN-101</BusID>
<BUSNumber>22490</BUSNumber>
<Buskey>ABCD-EFGH</Buskey>
<SeatDetails waittime=600>    <!-- seconds-->
<SeatDetail>
<Type>Economy</Type>
<SeatNumber>A-01</SeatNumber>
<SeatReservedFor>None</SeatReservedFor>
</SeatDetail>
<SeatDetail>
<Type>Business</Type>
<SeatNumber>B-01</SeatNumber>
<SeatReservedFor>None</SeatReservedFor>
</SeatDetail>
<SeatDetail>
<Type>Other</Type>
<SeatNumber>C-01</SeatNumber>
<SeatReservedFor>VIP</SeatReservedFor>
</SeatDetail>
.........
</SeatDetails>
</BusDetails>

i want to parse or deserialize this xml into c# object, to use this data in program.
what will be the best way to do this?