Sabre reported revenue growth of 13.9% to USD 3.373 billion in full-year 2016. Consolidated net income attributable to common stockholders totaled USD 242.6 million, down by 55.5% YoY.
The Indian OTA generated revenue of USD 123.2 million in the quarter ended December 31, 2016, an increase of 38.6% YoY.
Priceline Group's current Head of Strategy and Executive Vice President of Corporate Development Glenn Fogel has been named CEO of the company, effective January 1, 2017.
Expedia is on the way to becoming the world’s first $100 billion travel agency, a landmark it will achieve in the next few years, according to its chief executive.
Taiwan-based online travel company KKday received USD 7 million in series A+ round funding for further expansion in Asia.
Shenzhen Huoli Tian Hui Technology, parent company of FlightManager, applied for a listing on the New Third Board.
Webjet Limited’s newly launched B2B accommodation distributor FIT Ruums has formed a partnership with DidaTravel Technology in China.
Webjet announces the launch of FIT Ruums, a new business-to-business (B2B) travel distributor dedicated to the Asia region, operating under its B2B division, WebBeds FZ.
