Marriott, IHG, Accor and Hilton will have a significant ownership stake of Groups360 and each brand will have representation on the board.
The 2019 World Culture and Tourism Forum is set to take place from 22 to 25 October in Xi'an under the topic “Integrating Culture and Tourism to Build an Intelligent Future”.
The agreement will see the two parties work together to offer trainings and technologies collaborations in the fields of artificial intelligence (AI), big data and cloud.
More than 90% of operator attendees at Arival were from Asia, but nearly half of attendees from OTAs and reservation technology companies were from North America and Europe.
Fliggy has launched a new service allowing people to purchase air tickets by installment with zero down payment, which helps to lower the financial threshold for young people to travel the world.
The deal gives BCD Travel controlling interest in their operations in Japan, one of Asia Pacific’s most important markets for corporate travel.
The two companies have worked together since 2015 when 3Mundi became part of Flight Centre's FCM Travel Solutions network as an independent licensee for the markets of France and Switzerland.
The deal marks Traveloka’s first publicly disclosed investment in a tech startup.
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