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Traveloka nears fundraising at lower valuation
07/08/2020|6:39:41 PM|
The Jakarta-based firm is in advanced negotiations with investors to secure about USD 250 million.
Britain's air bridges exclude China; Skyscanner launches Fare Families | Daily Brief
07/06/2020|10:14:36 PM|
Airlines in China rolled out discount packages one after another hoping to recoup money and boost consumption; Young tourists show growing interest in domestic travel but shrinking willingness to travel abroad.
BDO advises Volkswagen on acquisition of travel startup Voya
07/01/2020|5:58:36 PM|
The deal is a “strategic one” for one of the world’s largest fleet management companies.
Hotel platform GreenCloud snags nearly $14 million
05/25/2020|2:39:15 PM|
GreenCloud is stepping up efforts in the culture tourism front.
Hong Kong eases travel restrictions—but only for its business elite
06/09/2020|10:13:48 AM|
It is an important step to allow large companies to resume cross-border business travel to handle their business activities.
Travelport receives $500 million in fresh financing from private equity
06/08/2020|6:00:31 PM|
The fresh investment provides Travelport with the liquidity it needs to manage the sharp downturn in revenue related to a devastated travel industry due to the coronavirus pandemic.
Thomas Cook closes in-house bed bank, Medhotels
07/10/2018|6:10:59 PM|
Thomas Cook has announced plans to shut down its in-house bed bank Medhotels. Expedia and Webjet are poised to take over contracting of the company’s own-brand and partner hotels.
Top Chinese carriers confident of their FFP members staying loyal
06/04/2020|9:08:15 AM|
Chinese carriers not only took initiatives to assure their loyalty program members about the utility of loyalty currency and membership benefits, but they also paved way for smaller non-air redemptions to subsidize member's shopping for essentials during the coronavirus crisis.
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