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Travel data management firm Travelogix completes MBO

Travel data management firm Travelogix completes MBO

The focus will be on increasing international market share of Travelogix’s data management suite, Analytix.

09/25/2019|11:31:51 AM|Travolution
TRAVEL EASY secures $20 million for retail transformation in Europe

TRAVEL EASY secures $20 million for retail transformation in Europe

TRAVEL EASY reported it earned 50 million euros in revenue and a gross profit of 100 million yuan in 2018.

09/24/2019|4:25:28 PM|ChinaTravelNews
Airbnb to go public in 2020

Airbnb to go public in 2020

Since its founding in 2008, Airbnb has raised a total of $4.4 billion and acquired 21 companies.

09/24/2019|5:52:28 PM|Crunchbase News
Mainland China accounts for 37% of Shangri-La's properties revenue in H1 2019

Mainland China accounts for 37% of Shangri-La's properties revenue in H1 2019

Total revenue from Mainland China hotel properties for the first half of 2019 decreased 8.4% to USD 380.4 million, accounting for around 37% of the company's hotel properties revenue during the time.

09/23/2019|5:35:36 PM|ChinaTravelNews
HRS acquires Conichi to build automated payment

HRS acquires Conichi to build automated payment

The move is part of HRS’ development of a payment product platform.

09/23/2019|10:15:16 AM|Phocuswire
India’s Paytm to invest $35M in travel business

India’s Paytm to invest $35M in travel business

Paytm says its travel business, launched in 2016, has more than 15 million customers and gross value of $1 billion.

09/20/2019|6:01:42 PM|Phocuswire
Snaptrip acquires rival accommodation website

Snaptrip acquires rival accommodation website

The company already runs five holiday travel websites including Snaptrip, Last Minute Cottages, Big Cottages, and Dog Friendly Cottages.

09/20/2019|3:00:39 PM|Travolution
OYO to raise $200 million for luxury push in US

OYO to raise $200 million for luxury push in US

OYO is reportedly going to create a separate entity in the US to help it acquire and run four- and five-star hotels, and is likely to own a minority stake in this entity.

09/18/2019|9:54:47 PM|Mint
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