[TravelNews] Meituan-Dianping reportedly mulls hotel unit spin-off for independent financing Date:2016-08-26 00:15:20 Click:19 Times
Meituan-Dianping would have to spin off its hotel business as the company was expected to run out the 3.3 billion dollars raised in its series E round within 1.5 years....
[TravelNews] Webjet ramps up European B2B with £21 million Thomas Cook deal Date:2016-08-26 00:15:20 Click:17 Times
Sunhotels, the European bedbank of Australia’s Webjet, is taking a big chunk of UK tour operator Thomas Cook‘s hotel contracting and supply business....
[TravelNews] Hotelchamp takes direct action with Euro 1.75 million capital-raise Date:2016-08-26 00:15:20 Click:13 Times
Hotel web and marketing kit provider Hotelchamp has secured a Euro 1.75 million investment round....
[TravelNews] Travello secures funding for solo travellers app Date:2016-08-26 00:15:20 Click:12 Times
Travello, a mobile application that aims to help travellers hook up prior to a trip, has raised almost $1 million in funding....
[TravelNews] FlightGlobal snap up FlightStats and Diio Date:2016-08-26 00:15:20 Click:13 Times
FlightGlobal, a data services and media brand owned by Reed Business Information, has acquired FlightStats, an airline data services firm, and Diio, a provider of airline market intelligence tools....
[TravelNews] KLM wants flight transparency, adds reviews and ratings to search results Date:2016-08-26 00:15:20 Click:9 Times
Netherlands-based airline KLM reckons it can enhance its relationship with passengers and improve customer service with the introduction of a reviews system....
[TravelNews] HotelTonight becomes profitable but IPO chances are remote Date:2016-08-26 00:15:20 Click:9 Times
While some analysts say the company faces increasing competition from larger rivals that have stolen its playbook, HotelTonight says it became profitable in April, continues to grow and is even eyeing a possible public offering....
[TravelNews] TripAdvisor acquires Citymaps, a social mapping startup Date:2016-08-26 00:15:20 Click:20 Times
TripAdvisor has acquired Citymaps, a New York City-based, social-mapping startup....
[TravelNews] In a first, Expedia promotes a hotel’s loyalty rates and rewards program Date:2016-08-26 00:15:20 Click:51 Times
Expedia, Inc., is the first online travel intermediary to begin displaying a hotel chain’s discounted loyalty rates next to standard rates. It’s also the first to cheerlead for a hotel’s own loyalty program....
[TravelNews] Fosun mulls independent IPO of travel business Date:2016-08-26 00:15:20 Click:39 Times
Chinas Fosun Group, owner of French resort operator Club Med, considers an IPO to help fund expansion in China, its second biggest market for sales....