Roadmap CEO says the aggregated travel spend of customers on the platform exceeds $3 billion, and “the adoption and engagement numbers of the app are twice the industry standard.”
AccorHotels has completed the sale of 57.8% of the capital of AccorInvest, and acquired Mantra Group, the largest Australian based hotel and resort operator, for AU$1.2 billion.
More than 60,000 private homes in Japan are now registered on home sharing websites. Some predict that the number will exceed 100,000 by 2020, the year of the Tokyo Olympics.
For the latest fiscal quarter ended March 31, 2018, MakeMyTrip's revenue from air ticketing business increased by 37.8% to $45.3 million.
AirAsia CEO has identified India as one of the main pillars of his pan-Asian dream as he seeks to capture a share of a market dominated by Gulf-based carriers and Air India.
Sales on eurowings.com already amount to more than €1 billion and over the course of this year would increase to €1.5 billion per annum.
Airbus is creating a division to oversee futuristic transport options in a sign the European planemaker is going on the offensive against tech providers and startups encroaching in the market.
The major challenges that travel firms face is to innovate on top of legacy technology systems and be respectful of regulations.
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