Collinson says it hopes to create an incubator to support other startups operating in the same sphere of customer loyalty and service platforms.
More than 90% of operator attendees at Arival were from Asia, but nearly half of attendees from OTAs and reservation technology companies were from North America and Europe.
As certain cross-platform features overlap or contradict each other, clients using the ill-suited solution are likely to be abandoned.
This suggests that along with an inventory of boutique hotels, the acquisition brings with it a share of bleisure travelers.
The proceeds will be used to launch operations in Latin America and Asia, and to build a car-pooling service.
Instant booking is being pushed as part of Airbnb's ongoing strategy to attract more business travelers to the service.
Najah Air plans to take up minority stake in Malaysia Airlines in a debt-for-equity swap and wants countrol of the board and management.
TravelPerk will announce “major product additions that will bring a new level of disruption to the pricing structure of an industry that is still dominated by outdated solutions”.
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