Search results for “acquisition”
Australia-based CTM to acquire Hong Kong travel agency Lotus for HKD 300M
07/11/2018|4:26:44 PM|
CTM Asia becomes the largest player in Hong Kong serving Greater China market after the acquisition, total transaction value reaching AUD$2.5 billion.
Click Travel receives multimillion pound injection amid "endless opportunities"
07/31/2018|2:20:22 PM|
Gross sales of Click Travel in 2017 reached £205 million, turnover growth of more than 30% year-on-year for four consecutive years.
A fascinating tussle brews for outbound hotel distribution pie in China
07/13/2018|8:03:20 AM|
The battle to target a bigger pie of the outbound business featuring travelers from lower-tier cities in China is getting intense.
Airbnb injects $5 million into China’s B&B management platform City Home
07/06/2018|3:03:02 PM|
This will increase Airbnb’s supply of quality accommodation in China, and make available more offline resources and services for Airbnb hosts, which will in turn help City Home acquire more sources in the country.
North America travel platform Kuaibangxing reaps millions of dollars in funding
06/19/2018|2:18:15 PM|
So far, Kuaibangxing has partnered with more than 500 businesses across all cities in the United States and Canada.
ChinaTravelNews Briefing: ITB China raises insights, Hyatt flagship store debuts on Ctrip
06/01/2018|6:02:57 PM|
ITB China 2018 concluded with high hopes for China’s tourism growth, Ctrip brought in Hyatt flagship store, and more Chinese tourists are heading to Europe destinations and Russia.
Lawsuit files against Priceline Group over Momondo deal
06/02/2017|6:40:09 PM|
Priceline has been accused of “fraud in its absolute purest form” relating to its acquisition of Momondo.
Meituan-Dianping fully acquires cloud-based hotel PMS provider BeyondHost
05/24/2018|5:28:10 PM|
Meituan-Dianping has fully acquired hotel PMS service provider BeyondHost. Both will work together to build an open platform for hotels.
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