The proceeds will be used to launch operations in Latin America and Asia, and to build a car-pooling service.
Instant booking is being pushed as part of Airbnb's ongoing strategy to attract more business travelers to the service.
Najah Air plans to take up minority stake in Malaysia Airlines in a debt-for-equity swap and wants countrol of the board and management.
TravelPerk will announce “major product additions that will bring a new level of disruption to the pricing structure of an industry that is still dominated by outdated solutions”.
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.
Travelstop reports that Asia-Pacific is the largest business travel market in the world, comprising 40 percent of the global total while more than 90 percent of the spend is unmanaged.
Dolphin Dynamics's software product has been installed at over 850 client sites, totaling 13,000 users in 26 countries worldwide.
The highest earner in Barcelona had revenue of nearly €2.3million (£2.07m), renting out 63 entire properties on the accommodation platform.
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