Amadeus have reviewed over 1,300 startups but only invested in nine. How does it choose strategies?
Following the trend of travel giants launching accelerator programs, Expedia has launched its 6-month accelerator Hotel Jumpstart with Hotel.com.
The subsidiary, which will be based in Düsseldorf, has 160 employees and a number of systems in place to help hoteliers attract business direct to properties.
Sydney-based startup Cozitrip has raised $2 million to date to build a B2B travel platform that allows Chinese travel agents to make bookings at hotels in Australia and New Zealand.
Jayride provides a marketplace for ground transportation services from airports to cities for travellers in Australia, New Zealand, the US, UK and Ireland and serves more than 250 airports.
There are three winners in Marriott's second TestBed: hotel chatbot provider HiJiffy, wireless earbuds for voice translation provider MyManu and W&E meters provider Optishower.
Net profit was RMB 379 million, a decrease of 64% YoY; car rental revenue was RMB 1,739 million, an increase of 31% YoY, and rental days grew by 71% year-over-year.
Japan is Ofo’s 7th overseas venture, after already starting up in Singapore, the United States, Britain, Kazakhstan, Thailand and Malaysia
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