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Wyndham steps up investment in sharing economy

12/07/2016|11:06:23 AM|

Wyndham's Danish arm Novasol has signed a deal to buy German company Wimdu and made an undisclosed investment in upmarket vacation rental firm Veeve to take the threat posed by Airbnb.

Hotel watchdog comes down hard on Booking.com over best price strategy

12/24/2015|6:56:41 PM|

A German regulator has ordered Booking.com to remove all “best price” clauses from its contracts with hotel properties in the country.

HRS loses rate parity appeal, calls for unified approach

01/15/2015|1:49:40 PM|

A German court has ruled parity clauses from hotel specialist HRS are anti-competitive, paving the way for similar decisions on other online intermediaries.

Online travel in Europe hotting up as TV group snaps up Weg

12/11/2013|9:23:09 AM|

Big OTA consolidation news this morning as German television group ProSiebenSat.1 expands its ecommerce activity with the acquisition of online travel sites Weg and Ferien.

Air Berlin to acquire LTU

03/29/2007|5:28:00 PM|

Air Berlin has agreed to acquire 100 percent of LTU for € 140 million in cash plus the assumption of between € 190 and 200 million of net financial debt. (3/27/2007)

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