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Search results for “consolidation”
Expedia Group fully acquires CanadaStays to boost vacation rental presence up north
08/23/2019
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5:36:31 PM
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CanadaStays will become part of the Vrbo vacation rentals division in a move designed to strengthen Expedia Group’s alternative accommodation presence in Canada.
Lagardère Travel Retail strikes deal to acquire International Duty Free
07/26/2019
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8:47:28 PM
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During the second half of 2019, Lagardère Travel Retail will have major openings in Vienna, Beijing Daxing and Shanghai Pudong, along with an expanded 500sq m concession in Geneva.
Trivago increases profitability in Q2 and returns to revenue growth in June
07/24/2019
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9:25:14 PM
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Total revenue decreased to €223.4 million in the second quarter of 2019; net income was €5.9 million.
GreenTree revenues climbed 21.6% in Q1, occupancy dropped by 1.5 percentage points
08/16/2019
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5:53:42 PM
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Total revenues grew 21.6% thanks to addition of 134 hotels, improved RevPAR, membership growth, and the consolidation of the Argyle's results of operation.
Tongcheng-Elong reports 33.3% GMV rise in H1 2019
08/19/2019
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7:35:06 PM
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Revenue from accommodation reservation services increased by 25.5% from RMB441.0 million to RMB553.4 million for the three months ended June 30, 2019.
Travel photography platform Roto Travel raises 50 million yuan in funding
08/12/2019
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11:10:10 AM
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Roto Travel will use the proceeds to consolidate existing business and establish a travel content portal and community by pooling together travel resources and travel photography KOLs.
Cendyn adds revenue management tools with acquisition of Rainmaker
08/02/2019
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11:08:48 AM
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The acquisition is a good fit because it provides hoteliers the capabilities to now align their marketing, sales and revenue strategies so they have a “single version of truth” about their guests to drive better performance.
6 things we learned from Arival Asia Pacific
07/22/2019
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10:08:21 AM
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More than 90% of operator attendees at Arival were from Asia, but nearly half of attendees from OTAs and reservation technology companies were from North America and Europe.
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