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Eurostar, Thalys merger floated to create high-speed rail giant

Eurostar, Thalys merger floated to create high-speed rail giant

The two services have been under pressure to reform their offerings, as low-cost players like Flixtrain enter the continental market.

09/30/2019|5:35:52 PM|Politico
EbixCash takes over Cox & Kings’ business travel unit in India

EbixCash takes over Cox & Kings’ business travel unit in India

Cox & Kings is $500 million in debt. Fears are rising that the company may meet the same fate as Thomas Cook, the world-famous travel brand which collapsed after 178 years in the industry.

09/29/2019|4:17:16 PM|Skift
OYO strengthens acquisition plans as it sets up joint ventures with SoftBank

OYO strengthens acquisition plans as it sets up joint ventures with SoftBank

OYO Hotels and Homes has been increasingly investing heavily towards creating its own real estate business.

09/27/2019|9:26:23 AM|Inc42
Beyond Pricing bags $42.5M to develop pricing tech for short-term rentals

Beyond Pricing bags $42.5M to develop pricing tech for short-term rentals

Beyond Pricing has raised $42.5 million to develop dynamic pricing tools for the short-term rental market.

09/26/2019|5:44:05 PM|Phocuswire
Baidu to sell $1 billion Ctrip stake to counter market competition

Baidu to sell $1 billion Ctrip stake to counter market competition

Baidu will remain Ctrip’s largest shareholder. It owned a 19% stake in the company after exchanging its shares in Ctrip rival Qunar in 2015.

09/26/2019|4:00:55 PM|Bloomberg
China ranks as second-most liquid hotel investment market

China ranks as second-most liquid hotel investment market

Global hotel investments hit US$4.5 billion in the first six months of 2019, with more than half of the capital originating from domestic buyers in Japan, China and Australia, says real estate consultancy JLL.

09/26/2019|2:07:20 PM|JLL Hotels & Hospitality Group
Helloworld to acquire TravelEdge Group

Helloworld to acquire TravelEdge Group

Helloworld's corporate TTV on an annualized basis will be approximately $1.55 billion in FY20.

09/25/2019|3:47:38 PM|Business News Australia
BlaBlaCar to acquire online bus ticketing platform Busfor

BlaBlaCar to acquire online bus ticketing platform Busfor

Buses are still an offline industry in those countries with online booking currently representing 10% of all tickets.

09/25/2019|11:37:14 AM|TechCrunch
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