SeaLink plans to partly fund the acquisition by raising A$154 million through a placement and an entitlement offer.
Skyscanner saw revenues soar 21pc to a record £261m and profits grew to £36m from around £19m the previous year.
STR currently gets data from around 65,000 hotels in 180 countries around the world, which then feeds into its core STARreport service.
As of 2017, Zingle has cooperated with giant hotel chains including Hyatt Hotels and Wyndham Destinations.
The two services have been under pressure to reform their offerings, as low-cost players like Flixtrain enter the continental market.
Cox & Kings is $500 million in debt. Fears are rising that the company may meet the same fate as Thomas Cook, the world-famous travel brand which collapsed after 178 years in the industry.
The right combination of big data and smart technology with a role transition from revenue management to revenue strategist will lead to a successful hotel RM approach.
Travelport further deepened its collaboration with Singapore Airlines and the travel agency community on the implementation of the airline's KrisConnect Program.
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