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Search results for “Vertical Group”
Booking.com boss is clicking annoyed
03/10/2016
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1:50:17 PM
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Darren Huston, chief executive of Booking.com told an audience at ITB Berlin this week that marketing initiatives by hotels chains such as Marriott and Hilton are annoying.
Ctrip raises 2020 GMV goal to around USD 200 billion
03/18/2016
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11:12:36 AM
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Chinese OTA giant Ctrip further lifts its GMV goal for 2020 to USD 200 billion, following the latest announcement of its fourth quarter and full-year 2015 results.
Expedia CEO: Marriott and Hilton’s Direct Booking Moves Will Hurt Them
03/17/2016
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6:02:36 PM
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At an investor day in New York City March 16, Khosrowshahi said Marriott and Hilton have a choice to make and they will likely lose share in the Expedia marketplace if they don’t provide their best prices and availability.
Expedia brings Meeting Market out of the shadows
02/25/2016
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5:05:52 PM
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Expedia's Meeting Market aims to automate the many and various “inefficient and manual” processes which still exist when it comes to booking meeting rooms and event space, equipment, food and beverage. Recently, it is looking to become a pan-European, if not global, portal for the MICE sector.
China's Travel Market Tears Into 2016
01/14/2016
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4:35:49 PM
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By wedding itself to Baidu to consolidate its leading position in travel, Ctrip has become fully engaged in the war between Baidu, Alibaba and Tencent.
China gears up for a strong impression on Indian e-commerce footprint
01/09/2016
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4:28:02 PM
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Ctrip’s decision to invest in MakeMyTrip is just one example of how Chinese companies, led by Alibaba, are pursuing ways to be a part of growth story in India.
Sabre reports fourth quarter and full year 2015 results
02/09/2016
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11:23:46 AM
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Sabre's Q4 2015 Travel Network revenue increased 22.3% to $531.2 million and its Adjusted EBITDA increased 20.9% to $208.0 million. Total bookings increased 33.0% driven by the acquisition of Abacus and continued strong growth in North America and EMEA.
As Yelp struggles, might a travel giant eat it?
01/11/2016
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4:52:04 PM
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Yelp's stock price was hit hardly, since its business scope is sort of the same with that of travel companies which have been keen on acquisition activities, Yelp is very likely to be acquired by a travel company.
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