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Air Canada raises additional C$1.2B in cash
06/23/2020
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6:46:06 PM
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Air Canada says it now expects to end the second quarter of 2020 with about $9 billion in liquidity.
Vietnam’s first mover opportunity: early COVID-19 action appears to pay dividends
06/23/2020
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12:11:17 PM
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Comparison of domestic capacity this week against the same week last year places Vietnam as the market with the highest level of recovery with just a 1% reduction against last year.
Culture Trip and Lonely Planet unite, give advertisers access to combined audience
06/12/2020
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6:40:14 PM
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The two companies are now bidding that their combined audience of more than 100 million, as of the second half of 2019, will be an attractive proposition for advertisers.
Journera nabs $11.6 million to move its tech platform into growth stage
06/11/2020
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4:42:21 PM
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The commitment from investors shows they continue to recognize the value in combining data from the entire travel journey to improve the customer experience.
Global vacation rental bookings surge to more than 2M, up 127% from early April
06/01/2020
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11:04:40 AM
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Given the newfound advantage for leisure destinations and those accessible by car, there might be some dramatic shifts in what’s considered a “good” short-term rental market.
Palminvest buys Portuguese hotel chain for $335 million
06/04/2020
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5:35:35 PM
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The acquisition is a risk worth taking although it could take up to five years to restore its profits to where they were before the outbreak.
Tripfuser lands £2.4M in funding, seeks further expansion
06/01/2020
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4:48:40 PM
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RACV’s strategic investment provides the strongest endorsement for the Tripfuser tailored-travel marketplace and provides a platform for a long-term partnership.
Caissa Travel suspends purchase of Tuniu shares from JD.com
06/01/2020
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10:01:08 AM
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If Caissa Travel buys Tuniu shares as planned, it will possibly assume a heavy financial burden and take the risk of not getting returns in the long term.
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