Chinese ride-sharing company UCAR revealed that the company received more than 260,000 bookings per day on average in the first quarter of 2016, and the cost per booking was declining while the gross profit per booking was increasing....
MisterFly, a new online travel agency based in France, has managed to secure a Euro 20 million funding round after just nine months of operations....
A vote to leave the EU would dent the perception of Britain as a ‘safe haven’, at least in short term, and a decline in the overall appetite to acquire hotel stock is expected....
Suffice it to say, everyone surprised by the outcome of the Brexit vote probably wishes they’d paid more attention to it than they did. Nevertheless, we probably won’t feel the immediate impacts of the UK’s exit until at least two years from now....
Netherlands-based hotel booking service Bidroom has secured a Euro 1 million funding round in a bid to “chip away” share from the giants of the industry....
Marriott and Starwood announced that they received unconditional clearance from the European Union for Marriott to buy Starwood in a merger transaction originally estimated to be valued at around $13.6 billion in late March/April....
Research from Sabre has opened the door on what consumers think with regards to personalisation, rather than what airlines, hotels and other believe....
Chinas Anbang Insurance plans to convert three-quarters of the rooms at Waldorf Astoria hotel into apartments, the Wall Street Journal reported on Sunday....
Without citing its sources, the Bild am Sonntag weekly said Wirecard was in confidential talks with Alipay about it taking a stake of up to 25%, and possibly more later....
Chinese travelers will probably not be buying goods in UK and then bring them into the EU and vice versa above normal personal usage if they want to avoid paying taxes and VAT....