Snaptravel’s profits have been growing since July 1 when weekly bookings matched pre-pandemic levels.
The deal is a “strategic one” for one of the world’s largest fleet management companies.
Florida Funders believes Simplenight is the perfect fit within its portfolio of investments.
K Hotel plans to raise S$5 million for its Series A round to further fund this expansion.
With increased awareness and demand for ocean adventure travel, more and more people will choose diving and underwater activities.
While saving costs for travel companies means cutting hotels’ profits, Hotelmize said hotels will need to improve pricing methods.
International markets including China contributed to USD 252 million (75%) of the USD 335 million losses for FY2019, while these markets constituted only 36.5% of the global revenues.
Developing an aircraft that can pass regulatory scrutiny is complicated enough, but equally challenging is the need to prove to airlines that the model will turn a profit.
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