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Travelport appoints Ming Foong to lead Greater China Region
06/07/2017|10:01:35 AM|
Travelport is pleased to announce the appointment of Ming Foong, the new Managing Director for Greater China Region (GCR) and Online Business Group (OBG) APAC.
HNA slows M&A pace after US$50b buying spree in past 2 years
06/06/2017|8:49:20 PM|
As the global market is increasingly complicated, the HNA Group will slow down in making acquisitions, having amassed overseas assets to make up 30% of its portfolio that contribute to half of the group’s revenue.
Wanda bares ambition in sports tourism after snapping up prominent marathon organizer
06/06/2017|5:51:03 PM|
Wanda has snapped up Competitor Group Holdings, Inc (CGI), best known as the organizer of Rock n Roll Marathon series, and bares its ambition in expanding into sports tourism.
Fliggy enters tailored travel field with strategy on creating travel design ecosystem
06/05/2017|7:03:15 PM|
Alibaba’s travel brand Fliggy has announced a strategy on building a travel design ecosystem and introduced five new products lines.
Ctrip's overseas expansion with Thailand's largest hotel group
06/05/2017|3:29:20 PM|
Ctrip announces that it will develop its presence overseas to provide a more comprehensive set of travel experiences to Chinese tourists by cooperating with Thailand's largest hotel group--Centara Hotels & Resorts.
Hotelbeds to increase hotels in China over next 12 months
06/05/2017|9:35:15 AM|
Hotelbeds sees in China a general shift away from group bookings towards individual trips. Even payment solutions need to be localized.
Restaurant POS TouchBistro raises 12.1 million dollars
06/03/2017|2:14:28 PM|
TouchBistro raised C$16.3 million ($12.1 million) in Series C funding led by Napier Park Financial Partners and Recruit Holdings Co Ltd. This latest round brings TouchBistro’s total funding to date to C$45.3 million.
Lawsuit files against Priceline Group over Momondo deal
06/02/2017|6:40:09 PM|
Priceline has been accused of “fraud in its absolute purest form” relating to its acquisition of Momondo.
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