Search results for “acquisitions”
Expedia CEO insists that online travel agencies aren’t over
Expedia’s Mark Okerstrom counters that his company has a single-digit share of a $1.6 trillion market, and he’s going wide and deep to pick up more.
Certify swoops on Captio to further grow expense management ambitions
As Certify’s first acquisition outside the U.S, Captio already works with about 250 customers across Europe
Travel startups: What's the ten-year investment, growth and failure picture?
Over the last decade, social networking and user-generated content-focused businesses have a failure level just under 60% while air-related new companies have the lowest failure rate at 20%.
AccorHotels buys majority stake in boutique lifestyle chain 21c Museum Hotels
Even though AccorHotels recently revealed it took a $288 million hit on its 2016 acquisitions of luxury homesharing platform Onefinestay and concierge provider John Paul, it hasn’t deterred the company’s shopping spree.
Ctrip eyes Asian and global presence with Trip.com’s diversifying services
The company is blazing a globalization trail through localizing its services in its targeted destinations, starting with the flourishing Asian neighbors.
AccorHotels APAC CEO: “Accor has had its eye on China for a long time”
AccorHotels created a China-specific strategy called “China ImpAct 2020” which focuses on leveraging not just partnership with Huazhu and Ctrip but on Accor’s own “internal channels and strengths”
Thai hotel group Minor to buy stake in NH Hotel from HNA Group
The company aims to raise its interest in NH Hotel to more than 50%.
ChinaTravelNews Briefing: ITB China raises insights, Hyatt flagship store debuts on Ctrip
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.
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