Search results for “hotel transaction”
Tourico Holidays to merge with Hotelbeds' bedbank unit
02/08/2017|10:47:47 AM|
Hotelbeds Group, a global bedbank and business-to-business provider of travel services, has announced plans for Tourico Holidays to merge with its Bedbank business unit.
It’s not just about big data, leverage small data, too
01/05/2017|9:17:34 AM|
Small data results from internal resources like PMS, channel manager, website etc. Hotels need to consider the quality and utility of small data, before looking deep into big data, intelligence and analytics.
China's top 20 travel groups collectively rake in record income
12/09/2016|3:05:30 PM|
The collective income of China’s top 20 tourism groups this year is 40% higher than last year. The rapid growth is said to be a result of capital-driven mergers and online-offline consolidations.
Ctrip takes a big step in pursuit of going global
11/27/2016|9:50:20 AM|
Drifting away from intense competition in the domestic OTA market, Ctrip seems to have come a long way in a span of 18 months. The decision to acquire Skyscanner means Ctrip isn’t just a single market player anymore.
MakeMyTrip gross bookings grow 16.9% in Q2 2017
10/26/2016|3:24:05 PM|
MakeMyTrip's gross bookings reached USD 493.5 million in Q2 2017, representing a YoY increase of 16.9%.
China investors splashed $9.25b on buying overseas hotels
11/15/2016|1:04:27 PM|
China’s investors have splashed USD 9.25 billion snapping up hotels and accommodation worldwide in 17 deals so far this year.
Sinbad Travel receives millions of yuan in A+ round
11/09/2016|10:25:13 AM|
Sinbad Travel has secured millions of yuan in A+ round and plans to use the funds to upgrade its itinerary customization system and consolidate overseas resources.
Deals Roundup: Travel finance has a long way to go
09/24/2016|9:26:13 AM|
A look at potential development of travel finance for consumers and suppliers, and a roundup of financing deals in travel industry:
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