The news will likely accelerate speculation of a merger with GetYourGuide, a leading OTA in Europe that also has Softbank as an investor.
ITILITE’s USP is the incentive program through which employees of its clients are rewarded for the savings they make for their company during travel.
The stimulus package requires hotel owners to rehire their staff by the end of June, but many owners say they have little idea when the business will return.
Expedia Group chairman Barry Diller said the recovery in the travel industry would probably happen in September and later.
Booking Holdings CEO Glenn Fogel said travel companies need to think critically about the size of operations in the coming weeks and months.
TripAdvisor's Viator has brand launched a project called #RoamFromHome, creating over 100 virtual experiences.
Just as Sept. 11 forever impacted theme park security, this pandemic will likely leave a lasting impression on Disney.
MakeMyTrip has received the infusion in two tranches.
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