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....
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....
Hotel web and marketing kit provider Hotelchamp has secured a Euro 1.75 million investment round....
Travello, a mobile application that aims to help travellers hook up prior to a trip, has raised almost $1 million in funding....
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....
Netherlands-based airline KLM reckons it can enhance its relationship with passengers and improve customer service with the introduction of a reviews system....
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....
TripAdvisor has acquired Citymaps, a New York City-based, social-mapping startup....
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....
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....