A proliferation of soft brands, online travel agencies, homesharing players offer independent hotels new distribution and marketing choices, but are intensifying the competition for players such as WorldHotels.
The company secured a strategic injection from Ctrip in January this year. It also raised tens of millions of dollars from Tencent Investment, HNA Tourism Ventures and others in September 2017.
OpenSparkz is a Platform-as-a-Service startup allowing consumers to consolidate multiple loyalty and points programs into one.
The deal could make GetYourGuide Germany’s latest “unicorn” - a startup with a valuation of more than $1 billion.
The delay in China openings resulted in a $15 million revenue reversal for the fourth quarter.
Explore-Share has so far gained more than 10k listings in over 70 countries.
The acquisition of Zillious is the ninth acquisition of Ebix in India.
With ICE Portal, Shiji will improve the curation and distribution of visual content to multiple channels for the hospitality industry.
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