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Tuniu Q3 net revenues drop by 5.3% to $111.1 million

Tuniu Q3 net revenues drop by 5.3% to $111.1 million

Revenues from packaged tours were $92.1 million in the third quarter of 2018, representing a year-over-year increase of 4.7% from the corresponding period in 2017.

11/27/2018|6:45:53 PM|Tuniu
French travel site Loisirs Enchères raises €4 million funding

French travel site Loisirs Enchères raises €4 million funding

With more than 650,000 active members, Loisirs Enchères allows its users to choose from offers from over 1200 partners in and around Paris and Bordeaux

11/27/2018|1:31:37 PM|SiliconCanals
Chinese travel firm Tongcheng-Elong gains 26% on debut

Chinese travel firm Tongcheng-Elong gains 26% on debut

Tongcheng-Elong sold 165.4 million shares in the offering.

11/27/2018|9:03:36 AM|DealStreetAsia
Thailand’s Minor International targets Indian hotel chain

Thailand’s Minor International targets Indian hotel chain

Hotel Leelaventure runs a chain of hotels and resorts, with nine properties it owns or manages across India

11/26/2018|3:47:54 PM|Skift
UK-based VenueScanner raises €1.1 million for its event booking marketplace

UK-based VenueScanner raises €1.1 million for its event booking marketplace

The funding will be used to develop much-needed tools for the events industry, such as dynamic pricing and real-time availability, as well as to expand internationally.

11/26/2018|3:08:35 PM|EU-Startups
BidRoom checks in with €15M round under new leadership

BidRoom checks in with €15M round under new leadership

BidRoom makes a large play on offering rates that are offered by other players such as Booking.com and Expedia, showing its competitor's prices alongside its own.

11/23/2018|11:31:03 AM|PhocusWire
Ctrip rival Meituan sells 209.6 million hotel room nights in 9 months

Ctrip rival Meituan sells 209.6 million hotel room nights in 9 months

Meituan has sold a total of 209.6 million domestic hotel room nights in the first three quarter of 2018. By comparison, the company marked 200 million room nights stayed on December 26, 2017.

11/22/2018|7:21:26 PM|ChinaTravelNews
Bonangels leads funding in LokaLocal

Bonangels leads funding in LokaLocal

LokaLocal plans to work alongside cultural space owners and event organisers, in turn promoting Malaysia’s vibrant culture and art scene through digital opportunities.

11/22/2018|3:55:22 PM|DNA
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