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Search results for “MIddle East”
Wego picks up more funding from another new Middle East investor
09/19/2017
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11:06:49 AM
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Wego has picked up more funding from another Middle East venture firm after raising $12 million from MBC last month. The company looks to expand its metasearch model across the region.
Hotel monitor 2020 forecasts modest rate rises in the world’s key business centres
08/02/2019
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5:33:31 PM
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Despite the added capacity, the sustained demand in Asia Pacific means rates are likely to increase. For example, Bangalore and Tokyo will see rates increase by 5% and 4%, respectively.
Amadeus revenue increases 14.4% in H1
07/31/2019
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7:16:01 PM
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Amadeus' revenue increased 14.4% to €2,833.6 million; EBITDA expanded 10.7% to €1,193.4 million; and adjusted profit increased 9.9% to €666.7 million.
InterContinental Hotels hit by slower Revpar growth in China and US
08/13/2019
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2:55:17 PM
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Comparable revenue per available room flattened off to 0.1% from the 0.3% seen in the first quarter.
Marriott and Emirates are latest to launch hotel-airline loyalty partnership
07/23/2019
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5:41:16 PM
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Though Emirates does have relationships with a wide variety of hotels in terms of point transfer options, Marriott is the only operator where the relationship has gone deep enough to offer bonuses for loyalty members.
Ebix to acquire Indian online travel agency Yatra for $337.8M
07/18/2019
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1:15:46 PM
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The acquisition of Yatra would lend itself to significant synergies and the emergence of EbixCash as India’s largest and most profitable travel services company.
Travel advertising trends in Asia Pacific
06/19/2019
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7:23:52 AM
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In Asia Pacific the top three challenges for travel marketers are driving direct bookings, achieving ROI for advertising and targeting travelers during a specific purchase point .
Middle East media group MBC invests in Asian OTA Wego
08/03/2017
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11:15:27 PM
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The MBC Group has invested USD 12 million in Wego as part of a strategic partnership to accelerate the growth of the online travel group across the Arabian Gulf.
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