Search results for “investment”
Airbnb loses $276M in Q4; Trip.com taps into virtual banking | Daily Brief
Expedia is withdrawing its adjusted EBITDA guidance due to growing virus impact; Global hotel transaction volumes in 2019 reached USD 66 billion last year.
Global hotel transaction volumes in 2019 reach USD 66 billion
Asia Pacific hotel transaction volume increased 44% yoy to USD 12.7 billion in 2019, exceeding previous projections of a 25-30% increase.
India's dark horse hotelier Oyo to invest USD600 million in China
Of its USD600 million investments in China, USD100 million will go to recruitment, customer experience, quality and systemic improvements to promote Oyo's further growth.
SAIF Partners invests $1.5 Mn in social travel commerce startup Airblack
Airblack claims that it has already helped more than 1000 travellers create travel itineraries through the community-led approach.
Venture capital giant Accel invests in Travelstop
Travelstop reports that Asia-Pacific is the largest business travel market in the world, comprising 40 percent of the global total while more than 90 percent of the spend is unmanaged.
China's CITS to invest USD2 billion building world's largest duty-free haven
CITS Investment and Development aims to develop the 693,000 square-meter duty-free commercial, tourism and shopping complex.
Fosun considers $942M Thomas Cook investment
The rescue deal could indicate a potential retreat from the stock market for Thomas Cook, in a move that would see the world's oldest package-holiday firm become a private company.
Amadeus Ventures invests in Dawex to unlock the power of data in travel
Dawex would act as an enabler, allowing different travel and hospitality players to exchange information in a safe and compliant manner.
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Online travel giants Meituan, Tongcheng actively invest in hotel groups
Hong Kong to use vaccine records for travel; China's travel added value nears $690B | Daily Brief
Sonesta to add more than 900 hotels with $90m RLHC buy
How flying will change in 2021
Timeshare king Wyndham Destination buys Travel + Leisure for $100 million
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