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Activities startup KKDay secures $10m from Japan's government-sponsored fund

Activities startup KKDay secures $10m from Japan's government-sponsored fund

Following the funds from Japanese travel agency H.I.S., LINE Ventures and China's Alibaba Group, the latest investment KKDay receives will boost its overall growth and further development in Japan.

09/02/2019|4:02:10 PM|Bnext
MGM Resorts acquires stake in Sydell Group

MGM Resorts acquires stake in Sydell Group

MGM Resorts International now might find a boost through diversification and spending to increase its earnings.

09/02/2019|2:32:26 PM|HM
Expedia Group fully acquires CanadaStays to boost vacation rental presence up north

Expedia Group fully acquires CanadaStays to boost vacation rental presence up north

CanadaStays will become part of the Vrbo vacation rentals division in a move designed to strengthen Expedia Group’s alternative accommodation presence in Canada.

08/23/2019|5:36:31 PM|PhocusWire
Travelport and Qantas pioneer NDC era for Asia-Pacific region

Travelport and Qantas pioneer NDC era for Asia-Pacific region

This NDC connection to Qantas is the first by any GDS to the carrier and enables live bookings of NDC content to be made by selected agency partners taking part in the testing program.

08/23/2019|3:37:52 PM|Travelport
Travelport offers the first phase of Next-Generation-Storefront capability

Travelport offers the first phase of Next-Generation-Storefront capability

NGS is an industry initiative to enable travel agencies to display airfares just like airlines show their branded fares on their own websites.

08/23/2019|3:26:32 PM|Travelport
Best Western acquires PMS firm AutoClerk

Best Western acquires PMS firm AutoClerk

The acquisition marks BWHR's effort to simplify distribution for its hotels by making management of technology, revenue and customer relationship, reporting and connectivity simpler and easier.

08/23/2019|1:11:21 PM|Hotelnewsresource
Travelport, IBM and BCD Travel use blockchain to manage hotel commissions

Travelport, IBM and BCD Travel use blockchain to manage hotel commissions

The solution tracks and accounts for commission payments owed by hotels for services booked through online travel agencies and stores it on a shared ledger.

08/22/2019|9:47:44 PM|Skift
Cosi raises €5M for its ‘full-stack’ hospitality

Cosi raises €5M for its ‘full-stack’ hospitality

U.S. competitors like Sonder and Lyric are operating a similar model and might also look into Europe, but "it is a very local game.”

08/22/2019|3:03:00 PM|TechCrunch
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