Expedia acquired a majority stake in Rail distribution platform SilverRail Technologies....
Ingenico ePayments announced that it has signed an agreement with shared vacation ownership program Anantara Vacation Club, to provide online payment acceptance and processing....
Interesting data released from hotel switch eRevMax this week that shows the dominance of Booking.com as a source for hotel bookings in a number of European countries....
TUI Group’s six-month earnings to the end of March show an increase in not only the proportion of bookings taken online but also its number of customers....
Travel tech firm believes that Chinas growing middle class desires more personalized travel and there is tremendous untapped market potential for rail travel in China and Asia Pacific....
Higher disposable income (20%), enabling technologies that make traveling more convenient (17%), and access to relevant travel information (15%) are the top three factors that have contributed to this increase in travel....
Chinese real estate and investment company Zhonghong Group announced on May 8 that it plans to acquire a 90.5% stake in luxury travel company Abercrombie Kent (AK) for USD 412.49 million....
TUI Group CEO speaks on growth and innovation in global travel and how China and Europe are coming closer together at ITB China. The firm sees great potential to build a new base in China by its brand, technology, and holiday products....
China Lodging Group posted net revenues of USD 231.4 million in the first quarter of 2017, up by 10.8% YoY. Net income attributable to company rose from RMB 69.4 million in Q1 2016 to RMB 148.1 million (USD 21.5 million)....
Ctrips transportation ticketing revenues in first quarter of 2017 rose 48% to USD 418 million after consolidating Skyscanner results for first time. The same revenues in Q1 2016 grew 106% YoY....