From 2012 to 2018, the compound growth rate of online booking of vacation travel increased 42.97%, slightly higher than the 41.76% of the overall travel booking on the Internet.
During the second half of 2019, Lagardère Travel Retail will have major openings in Vienna, Beijing Daxing and Shanghai Pudong, along with an expanded 500sq m concession in Geneva.
The new capital brings the total invested in the U.S.-based company to $40.5 million.
Gross bookings increased 9% year-over-year to USD $28.3 billion. Revenue increased 9% to $3.2 billion.
The residential and leisure development will be built on a section of the airport’s area and should be completed in 10 years.
Total revenue decreased to €223.4 million in the second quarter of 2019; net income was €5.9 million.
The lawsuit would have the court block Diller’s ability to convert common stock into Class B shares, or remove the 10 votes per share that come with each of these Class B shares.
In London, research showed 47% savings when booking with Airbnb compared to hotels. Other cities such as Oslo, Milan, Paris, Tokyo, Hong Kong, Rome and more showed a saving rate of over 50%.