Airbnb’s disruptive power stems from its ability to identify and meet evolving customer needs, not its technology.
RCI, the world's largest vacation exchange network as part of Wyndham Destinations, announced it has acquired travel technology platform Alliance Reservations Network (Alliance) for $92 million.
Total revenue was $422 million, or 3% decrease year-over-year. Total Adjusted EBITDA was $128 million, an increase of 17% year-over-year.
Total revenues were $3.9 billion, a 9% increase from the prior year while net income was in line with the prior year at $979 million.
Upgrade Pack connects directly to airline and hotel APIs, enabling users to access live, premium seat and room upgrades at a typical saving of 15% to 35% through its closed online marketplace.
In a little over a year, Socio's client base has grown to more than 400 customers in nearly 50 countries.
Flight Centre said its Americas businesses, which together generated a AUD$70.2million profit before tax during FY18, were closing in on a profit in excess of AUD$100million for FY19.
Marriott announced plans for two new resorts that will cost more than $800 million combined to build.
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