MakeMyTrip reported gross bookings up 24% to $1.7 billion for the quarter ended June 30, 2019, and adjusted revenue up 21% to $198.5 million.
Emburse has processed hundreds of millions of dollars of company spend over tens of thousands of credit cards, while doubling revenue every year.
Clear, whose past investors include Delta Air Lines, uses biometrics—scans of eyes and fingerprints to move users through airport security faster.
This new investment could value Traveloka at USD 4.5 billion, according to the report. The company is said to utilize the fresh funds to expand its services in the region.
TravelPerk is only now in a position to offer this product because it has spent the past several years gathering data on when and why travelers cancel bookings.
RedDoorz has operations in more than 80 cities in Singapore, Indonesia, the Philippines and Vietnam and operates more than 1,200 budget hotels and properties.
During the second half of 2019, Lagardère Travel Retail will have major openings in Vienna, Beijing Daxing and Shanghai Pudong, along with an expanded 500sq m concession in Geneva.
A key question remains whether it is better to launch a dedicated brand in China, or adapt a chain’s existing brands to the local market.
ChinaTravelNews is a wholly owned subsidiary of
©2019 TravelDaily Inc.