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Search results for “vertical platform”
TUI plans to take on local online booking players with $1 billion revenue goal
05/17/2019
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9:46:34 AM
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In the new markets, TUI will ape online travel agencies, selling dynamic packages with the aim of getting to one million customers and $1.1 billion in revenue by 2022.
Guesty leads short-term rental software race with $35 million raise
03/22/2019
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12:17:39 PM
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The increasing growth of the space, thanks to sites like Airbnb, Booking.com and many more, has resulted in short-term lets commanding around 30% higher profits than long-term leases.
Marriott’s new contract with Expedia signals a shift in the direct booking wars
04/12/2019
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5:55:33 PM
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The complete aggregation that Expedia and Booking have as OTAs is extremely tough to replicate.
HappyEasyGo-ing well to dethrone Yatra with 25,000 air ticket transactions daily
04/09/2019
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4:22:02 PM
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About 80% of air ticketing volume comes directly from individual consumers. Corporations and businesses account for the rest 20% of HappyEasyGo’s air ticketing volume.
OYO-MakeMyTrip extend commercial agreement for a further five-year period
03/15/2019
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3:34:56 PM
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The deal will continue to see the latter exclude OYO’s rivals, SAIF Partners-backed Treebo Hotels and Accel India-backed FabHotels, from its two primary platforms, including GoIbibo.
Certify, Chrome River announce $1 billion merger
03/06/2019
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11:56:08 AM
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The combined Certify and Chrome River is taking the opposite approach to sector leader SAP Concur, along with other software-as-a-service providers like Expensify.
Rail is the next big thing for Asia’s online travel platforms
02/15/2019
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5:23:15 PM
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After low cost carriers, the next big thing that will change the way Asians travel could be rail. A rail-volution is in the air and online travel platforms want in. But it’s not that easy.
Paytm forays into hotel booking with Nightstay acquisition
01/30/2019
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2:22:02 PM
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Paytm plans to leverage Nightstay's acumen to expand it's portfolio in the vertical. It aims to increase it to 2 million hotels and accommodations globally.
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