Expedia has conducted research into the behaviour of Millennials when searching and booking travel. The study highlights how influenced this “cohort” is by its social network as well as its desire for authentic and personalised travel experiences....
Flight and hotel metasearch brand Hipmunk has raised $6 million in venture funding, two years on from its large $20 million round. Hipmunk arrived on the scene in 2010, with a mission to disrupt the flight search sector....
It’s widely understood that hotel distribution is technology-intensive. Decision makers need data translated into actionable insights and identify unnecessary operational blockages or business revenue leakages....
TripAdvisor says during 2014 it influenced $478 billion worth of travel spend in the sector, equating to some 352 million room nights....
Edge Retreats, a UK-based startup which features only luxury properties (or “ultra luxury”, as it often says), has attracted a modest $1 million seed funding this week. Leading the round is Lean Investments, with support from existing backer Foward Partners....
Kayak has confirmed it will soon be launching products for travellers looking for places to eat, and tours and activities. The things-to-do channel will launch with a number of supply partners including Viator and GetYourGuide....
Loco Partners, a Tokyo-based startup that runs Relux, a membership-based accommodation booking site, has secured 500 million yen (or about US$4.5 million) in funding, led by KDDI Open Innovation Fund, one of Japan’s three largest mobile carriers....
Juneyao Airlines registered 144.87% increase in net income to RMB 1.047 billion in 2015...
Chinese tourists spent 48% more in shopping at South Korea’s Lotte Department Store from January 1 to April 11 this year, which was nearly 50% more than the first quarter of 2015 before the MERS outbreak...
Chinese conglomerate held talks with Monarch Airlines management team about a potential deal...