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Why travel startups need to think about the 80/20 rule
04/20/2016
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5:18:42 PM
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There are 665M enplanements annually in US and we have found that 10% of travelers doing 300m of enplanements plus another 9% doing about 100m enplanements.
Lola, a travel concierge startup, closes its $19.7 million Series A
04/06/2016
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12:23:32 PM
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On March 5th, the Boston-based company Lola said it has closed a $19.7 million Series A round. The company will launch a mobile app that aspires to be an on-demand personal travel service that can plan, book, and manage travel for consumers.
Expedia CEO: Marriott and Hilton’s Direct Booking Moves Will Hurt Them
03/17/2016
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6:02:36 PM
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At an investor day in New York City March 16, Khosrowshahi said Marriott and Hilton have a choice to make and they will likely lose share in the Expedia marketplace if they don’t provide their best prices and availability.
What Trivago taking 52.3% of Base7Booking implies for hotel tech
03/02/2016
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6:48:18 PM
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Trivago, the Expedia Inc-affiliated metasearch brand, officially said today that it has taken a majority investment in a Swiss startup, Base7Booking, which offers a cloud-based property management system (PMS) for hotels.With the fresh funding, it is hiring for development, sales, and multi-lingual customer sales support.
Expedia reports Q4 and FY2015 results
02/11/2016
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5:57:39 PM
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On February 10 Expedia announced financial results for the fourth quarter and full year 2015 with its gross bookings increased 40% and revenue increased 29% year-over-year in the fourth quarter of 2015.
Expedia invests in Alice, the hotel mobile tech startup
12/10/2015
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11:43:25 AM
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New York startup Alice, the maker of a hotel operations platform, has received a “significant” — but unspecified — minority investment from Expedia Inc.
Tencent's Wechat blocks Uber
12/10/2015
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11:24:20 PM
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WeChat, the hugely popular messaging app in China, today blocked Uber’s official brand accounts, thereby locking Uber out of an important channel.
CAR acknowledges fragmentation, ready to sustain growth
11/20/2015
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6:37:54 PM
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CAR Inc. is counting on collaboration with UCAR as well as its new corporate structure going forward
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