After Elliott Management had taken a 11.8% percent stake in Travelport, it said it would ask Travelport to consider unlocking the value of its payments unit eNett.
Vacation rental price-comparison companies faces many challenges and may face Google's threat. HomeToGo may have a partnership with Trivago or Airbnb in the future.
Hoteliers, hostel owners, co-working spaces, and restaurant brands increasingly look to embed their products in “live, play, work” settings for maximum appeal to a particular urban demographic.
The money will aid the company’s expansion into Singapore and Malaysia, according to Tech in Asia.
"Now that the ‘cat is out of the bag’ that tours and activities are a huge business opportunity, major players are definitely taking note", said Johannes Reck, co-founder and CEO of GetYourGuide.
Klook and Shangri-La will initially collaborate around three main areas: Klook Concierge, Golden Circle Award Point Redemption and Marketing Collaborations.
Founded just two years ago, the platform has engaged with over 2 million customers in over 150 countries and has led to more than $50 million in hotel sales this year, 450% more than last year.
Island tours are high on the priority list of first-time travellers from China. The pie of island tourism from China is also growing. So is it time such travellers are targeted with new, exciting options, rather than mundane packages?