Search results for “acquisitions”
American Express acquires Japan-based restaurant booking service
American Express said Pocket Concierge will continue as a wholly owned subsidiary. It plans to integrate the business with its card membership services.
Ebix acquires two India based travels & tours companies
The two companies cumulatively conduct a Gross Merchandise Value of approximately $140 million.
Travel leaders acquires UK-based event management company
Travel Leaders Group has been aggressive with mergers and acquisitions since 2015, leading to increased consolidation in the leisure and business travel space.
TUI’s big play in tours and activities
“If you think of it as a zero customer acquisition cost game for us, because the customers have already been acquired,” said David Schelp, managing director of TUI Destination Experiences.
Travel startup investments 2018 - a year in review
The growth rate of funding to travel startups has contracted each of the last three years, companies in Asia Pacific have now raised the most money.
Airbnb’s deal for French firm could signal entry into property management
Luckey Homes will continue to work with other major rental platforms such as Airbnb, Booking, HomeAway, and others, meaning that its inventory will not be exclusive to Airbnb.
Hotelbeds: Year-end review and forecast trends for 2019
The biggest challenge for travel intermediaries and distributors is to stay relevant to hotels. But for many people in this space, the copycat model is becoming increasingly harder to justify, as they are not delivering extra value to hotels.
Expedia closing in on $100 billion as it aims to be world’s largest travel platform
Okerstrom called on hotel owners and operators to “learn from what’s happening in the alternative accommodation” space.
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Ctrip formally changes its name to Trip.com Group
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Trip.com Group, TripAdvisor form China joint venture and global content partnership
Ctrip’s bigger hand in MakeMyTrip may speed it toward break-even
International travelers can now use Alipay without Chinese bank account
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