RMB value drop against yen reduces Japan lure as Hong Kong dollar stable; exchange rate may put floor on sales decline, analyst says...
Disney Park in Shanghai begins trial operations for limited number of guests; estimated 30,000 people visited Chinese resort in just one day...
International tourism grew faster than world merchandise trade for the fourth consecutive year, raising tourism’s share in world’s exports to 7% in 2015; Chinese spending jumps 25% to drive global tourism boom...
Sygic, a maker of mobile navigation apps, took a 51% equity stake in Tripomatic, a Czechia-based startup that helps travelers create and book custom itineraries. The Tripomatic name has been replaced with Sygic Travel on the trip-planning mobile app for iOS and Android. In a few weeks’ time, Sygic...
Travelzoo posted revenue decrease of 9% to $34.8 million in the first quarter of 2016...
Expedia, Inc. (NASDAQ: EXPE) announced financial results today for the first quarter ended March 31, 2016. Its room nights stayed increased 37% year-over-year and revenue increased 42% year-over-year....
TUI Group has finally sold its Hotelbeds business to Cinven and Canada Pension Plan Investment Board, netting Euro 1.165 billion ($1.3 billion) in the process....
Rakutens venture arm led a $5 million Series A equity investment in tours-and-activities software provider Xola...
Peer-based car rental startup Drivy raised Euro 31 million from a group of venture firms, led by Cathay Innovation and Nokia Growth Partners...
BnbSitter, a Parisian startup that offers on-demand concierge for hosts of short-term rentals on Airbnb and other platforms, has secured $2.5 million in Series A funding....