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Socio raises $6 million Series A to expand event management platform

Socio raises $6 million Series A to expand event management platform

In a little over a year, Socio's client base has grown to more than 400 customers in nearly 50 countries.

08/07/2019|4:15:59 PM|Ai THORITY
Flight Centre takes full ownership of Canadian corporate travel and leisure business

Flight Centre takes full ownership of Canadian corporate travel and leisure business

Flight Centre said its Americas businesses, which together generated a AUD$70.2million profit before tax during FY18, were closing in on a profit in excess of AUD$100million for FY19.

08/07/2019|3:08:12 PM|Business News Australia
Airbnb pads out corporate offering with Urbandoor acquisition

Airbnb pads out corporate offering with Urbandoor acquisition

The plan going forward is to make Urbandoor’s longer-term listings bookable through Airbnb.

08/06/2019|2:19:50 PM|PhocusWire, TechCrunch
Fever raises $35M to accelerate growth of experience booking tool

Fever raises $35M to accelerate growth of experience booking tool

Existing investor Atresmedia and Michael Zeisser, the former chairman of U.S. investments for Alibaba Group, also participated in the financing.

08/06/2019|12:12:41 PM|PhocusWire
CVC to buy Korea’s No.2 hotel booking app in $285 mn deal

CVC to buy Korea’s No.2 hotel booking app in $285 mn deal

It is aiming to close the deal in August, which will be its first Korean acquisition in five years.

08/06/2019|11:58:52 AM|Korean Investors
U.S.-China trade war hurts Accor but it won’t deter Asia expansion

U.S.-China trade war hurts Accor but it won’t deter Asia expansion

RevPAR in China fell 1.3 percent, and RevPAR for Asia-Pacific declined 0.2 percent.

08/01/2019|5:26:32 PM|Skift
Advent Children’s Museum raises nearly 10 million yuan in seed round

Advent Children’s Museum raises nearly 10 million yuan in seed round

The company will use the funding to research and develop museum content and exhibitions.

08/01/2019|10:42:59 AM|ChinaTravelNews
Amadeus revenue increases 14.4% in H1

Amadeus revenue increases 14.4% in H1

Amadeus' revenue increased 14.4% to €2,833.6 million; EBITDA expanded 10.7% to €1,193.4 million; and adjusted profit increased 9.9% to €666.7 million.

07/31/2019|7:16:01 PM|Amadeus
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