Booking Holdings reported gross travel bookings growth of 2% to $25.4 billion in the first quarter of 2019. Total revenues decreased 3% to $2.8 billion.
The India OTA market is becoming consolidated with very few players dominating. This helps investors to scale.
Destination-based marketing refers to a way of targeting on-the-go consumers.
The findings suggest that in some cases, the presence of Airbnb can help attract more demand in some markets while challenging the traditional hotel pricing strategies.
In early 2018, Hostfully merged with Orbirentals, a fellow specialist in vacation rental management technology.
Amadeus' adjusted profit grew 9.5% to €334.7 million, while EBITDA expanded 11.3% to €599.8 million.
Tourlane has angel investors including Airbnb founder Nathan Blecharczyk, GetYourGuide founder Johannes Reck and Trivago’s founders.
The total Revenue in Q1 was $376 million, a 1% decrease year-over-year, and the total Adjusted EBITDA grew 11% to $89 million.
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