Booking.com has joined the travel startup accelerator trend by launching its own programme with a total fund of €2 million.
GV and Tenaya Capital have joined the latest Series B round for on-demand travel service Lola, bringing the total in that investment to $25 million.
The Indian OTA generated revenue of USD 123.2 million in the quarter ended December 31, 2016, an increase of 38.6% YoY.
In 2016, Airbnb continued its run of doubling transaction volumes every year since 2014. Out of all the hotel expense claims filed, Airbnb is now responsible for 0.27% of the total.
Chinese vacation rental operator Tujia is turning to Japan's market for short-term rentals by setting up a Tokyo-based subsidiary, capitalized at JPY 5 million (USD 44,500), according to Japanese news website Nikkei.
Openjaw Technologies' CEO Kieron Branagan examined six important trends in China to grasp global technology and travel in the future.
India's online travel search engine ixigo may have raised investment from Chinese conglomerate Fosun International, media reports said.
Offering seamless transition between desktop and mobile not only improves shopping experience, but also helps drive customer acquisition and retention.
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