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A busy year for travel acquisitions, lodging deals dominating
While Expedia Inc.’s buying spree created most of the mergers and acquisitions buzz last year, 2016 has been a quieter year for mega online travel agency acquisitions and the focus has shifted to hotel and other hospitality tech company acquisitions so far this year.
OAG grabs FlightView for more real-time action
Flight information and analysis specialist OAG has acquired FlightView for an undisclosed sum.
Thack China: Gamification, augmented reality, wearables and more
Tnooz’s third China hackathon, co-produced by Travel Daily, drew 15 developer teams to Alibaba’s Alitrip campus in Hangzhou on August 25.
Capitaine Train grabs $6.3 million to build the best service to book train tickets
Capitaine Train just raised another $6.3 million (€5.5 million) to expand its activities.
China mergers lead to fewer discounts on ride-sharing and travel
Mergers of Didi-Kuaidi, Meituan-Dianping, Ctrip-Qunar were all backed by at least one of the Baidu-Alibaba-Tencent (BAT), who have orchestrated mergers to staunch losses.
Avvio grabs $5.5 million investment from Calculus Capital
Hotel booking engine and web design provider Avvio has scored a $5.5 million injection of capital from Calculus Capital.
Shareholders said to discuss potential Didi-Uber deal
Shareholders said to discuss potential deals between companies, executives said to fear partnership may hit negotiating power.
Ctrip halts agent listings of domestic flights scheduled after September 1
Ctrip announced to its ticketing agents that it will no longer let agents sell domestic flight tickets on the platform. The decision was effective from June 17 and applicable to tickets scheduled to fly on and after September 1.
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How the region is responding to Singapore’s idea of air travel bubbles
OAG: Signs of a golden week for aviation although we’ve broken the billion lost seats mark
China’s hotel industry first to show growth; Chinese tourists arrive in Thailand | Daily Brief
‘If no tourists come, I have no business’: New York’s tourism crisis
Travel marketers show penchant for unconventional tactics to boost recovery
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