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Suppliers, beware: A threat lurks in tours and activities distribution

Suppliers, beware: A threat lurks in tours and activities distribution

Tour operators usually rely on a wide range of distribution partners, and tour operators take on a huge risk by handing over all their data and distribution power to a single OTA.

08/06/2019|5:34:00 PM|PhocusWire
Airbnb pads out corporate offering with Urbandoor acquisition

Airbnb pads out corporate offering with Urbandoor acquisition

The plan going forward is to make Urbandoor’s longer-term listings bookable through Airbnb.

08/06/2019|2:19:50 PM|PhocusWire, TechCrunch
Fever raises $35M to accelerate growth of experience booking tool

Fever raises $35M to accelerate growth of experience booking tool

Existing investor Atresmedia and Michael Zeisser, the former chairman of U.S. investments for Alibaba Group, also participated in the financing.

08/06/2019|12:12:41 PM|PhocusWire
CVC to buy Korea’s No.2 hotel booking app in $285 mn deal

CVC to buy Korea’s No.2 hotel booking app in $285 mn deal

It is aiming to close the deal in August, which will be its first Korean acquisition in five years.

08/06/2019|11:58:52 AM|Korean Investors
Global travel pricing set to slow down in 2020; flights to rise 1.2%, hotels 1.3%

Global travel pricing set to slow down in 2020; flights to rise 1.2%, hotels 1.3%

This annual forecast provides insights into the key drivers forcing these shifting priorities and gives a road map for travel buyers looking to plan their 2020 travel programs.

08/05/2019|4:30:40 PM|HospitalityNet
Hotel monitor 2020 forecasts modest rate rises in the world’s key business centres

Hotel monitor 2020 forecasts modest rate rises in the world’s key business centres

Despite the added capacity, the sustained demand in Asia Pacific means rates are likely to increase. For example, Bangalore and Tokyo will see rates increase by 5% and 4%, respectively.

08/02/2019|5:33:31 PM|Hotel News Resource
Cendyn adds revenue management tools with acquisition of Rainmaker

Cendyn adds revenue management tools with acquisition of Rainmaker

The acquisition is a good fit because it provides hoteliers the capabilities to now align their marketing, sales and revenue strategies so they have a “single version of truth” about their guests to drive better performance.

08/02/2019|11:08:48 AM|PhocusWire
Sabre's second quarter revenue increased 1.6%

Sabre's second quarter revenue increased 1.6%

Travel Network revenue increased 0.7% to $724.6 million with global air bookings share increased 120 basis points to 38.6%.

08/01/2019|9:36:16 PM|Sabre
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