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CarTrawler gets €100M investment to boost finances and drive growth

CarTrawler gets €100M investment to boost finances and drive growth

This investment will allow CarTrawler to come out of this period of unprecedented disruption with a stronger platform for growth.

05/20/2020|2:55:50 PM|Phocuswire
Hotels vs. Airbnb: Has covid-19 disrupted the disrupter?

Hotels vs. Airbnb: Has covid-19 disrupted the disrupter?

In this battle, they will compete with each other against cancellation terms, refunds, hygiene and privacy.

05/19/2020|6:35:58 PM|New York Times
Trivago reports a net loss of €214M in Q1 of 2020

Trivago reports a net loss of €214M in Q1 of 2020

Trivago observed a sharp decline in Referral Revenue, decreasing 33% YoY.

05/19/2020|3:00:45 PM|Trivago
Agoda cuts 1,500 jobs in Asia

Agoda cuts 1,500 jobs in Asia

The 25% layoffs signifies a deeper and more prolonged recovery than expected.

05/19/2020|12:04:34 PM|Skift
Cirque du Soleil gets $50 million in emergency funds from main shareholders

Cirque du Soleil gets $50 million in emergency funds from main shareholders

In late March, the Cirque du Soleil shuttered nearly all of its operations and laid off 95 per cent of its staff, which adds up to 4,679 employees around the world. All of the Cirque’s shows around the globe have been cancelled due to the COVID-19 pandemic.

05/18/2020|5:48:05 PM|Montreal Gazette
Air France ordered to curb competition with rail in France

Air France ordered to curb competition with rail in France

The plane should no longer be a means of transporting [people] in one hour or one hour 15 minutes which could be done at lower cost of CO2 by train in two hours or two hours 30.

05/15/2020|9:37:21 PM|Slugger O’toole
France to build online platform to rival Airbnb, Booking.com

France to build online platform to rival Airbnb, Booking.com

Public DMO is already a small but serious market segment.

05/15/2020|4:59:31 PM|BNN Bloomberg
Airfare prediction firm Hopper raises $70 million

Airfare prediction firm Hopper raises $70 million

The company had to lay off an undisclosed number of people a month ago due to the crisis.

05/15/2020|2:37:42 PM|Skift
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