Ctrip bought Skyscanner for USD 1.75 billion in November. The deal allows Skyscanner to strengthen and augment its existing offering, ensuring that it’s the world leader in the metasearch field.
Chinese conglomerate HNA Group, a major shareholder in Virgin Australia, has snapped up the Aitken Hill conference centre in Melbourne's north for around AUD 120 million.
The expenditure of Chinese business travelers is expected to reach USD 345 billion in 2017, an 8.4% increase year on year, according to major business travel management firm HRS.
HNA Group has completed its 6-billion-dollar acquisition of US-based IT distributor Ingram Micro amid concerns about curbs on overseas acquisition.
China’s sports tourism industry is already worth RMB 206 billion (USD 31 billion) as of the end of 2015, according to a recent report published by Chinese think tank Qianzhan.
Chinese budget carrier Spring Airlines plans more routes to Japan and more hotels in the country.
Hong Kong’s Ocean Park has recorded its first deficit since SARS hit the city in 2003 on a sharp drop in mainland China visitors. The park announced a 13.8% entrance fee rise.
The US secretary of commerce has called on China to reconsider its position on the ban on overseas Global Distribution Systems from operating in the country.
Analysts are bullish about Trivago potential IPO, but the company currently splashes out a massive 88% of revenue on marketing.
London-based PMS provider Eviivo has received a cash injection of £3.5 million through Barclays’ venture debt fund.
AccorHotels will be investing EUR 16 million (SGD 24 million) into Banyan Tree for a stake of about 5% in the Singapore-based hotel brand.
Mexico’s Best Day Travel Group and India’s Via.com, two of Sabre's important customers, shared their thoughts on mobile.
My Property Host found that hosts start trimming their asking prices at around 15 days to go, with discounts getting larger until six days out.
Wyndham's Danish arm Novasol has signed a deal to buy German company Wimdu and made an undisclosed investment in upmarket vacation rental firm Veeve to take the threat posed by Airbnb.
Car-hailing giant Uber is trying to beef up its data science credentials with the acquisition of US-based AI startup Geometric Intelligence.
Taiwan-based online travel company KKday received USD 7 million in series A+ round funding for further expansion in Asia.
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