Lastminute.com‘s H1 earnings showed its metasearch revenue was up by 32%. Hotelscan collects data from more than 100 online booking sites and had previously raised $10.2 million in four rounds.
US-based Airbnb will expand its presence in more Chinese cities through increased local hiring, deeper commitments to quality listings and continued partnerships with local governments.
A layer of intelligence that can ascertain an individual or a family’s way of travelling or intent is key to monetising the traffic. This is a key reason why Ctrip has chosen to acquire the US-based Trip.com.
Some 850 top travel buyers will be accepted to attend ITB China – maximizing the business opportunities for ITB China exhibitors and buyers by getting access to exclusive matchmaking system.
China’s short-term home-sharing startup Muniao has completed its B+ round financing. The new investors are Quan Funds, Oriental Fortune Capital, Innovation Angel Funds, Plum Ventures and Max Capital.
Priceline increases investments in vacation rental market and wants to be a leading platform to search and book all type of properties to compete with Expedia and Airbnb.
Reuters reported on Tuesday that China’s Meituan-Dianping may hold an IPO in the US as soon as next year to raise at least $3 billion, only to be denied by Wang Xing, CEO of Meituan-Dianping.
Numerous players want a piece of China’s exploding outbound travel business. That means investments in western assets.