The biggest risk or threat to the success of Marriott’s integration of Starwood is figuring out the technology platforms that would link all of its more than 6,100 hotels worldwide.
Priceline Group reported gross travel bookings growth of 24% in the first quarter of 2017. Gross profit grew 16% to USD 2.3 billion and net income rose 22% to USD 456 million.
Booking.com CEO Gillian Tans earned total compensation of USD 17.1 million last year, edging out her boss, then-Priceline Group Interim CEO Jeffery Boyd at USD 16.49 million.
There is a role for content to play in the overall marketing mix—from more effectively promoting your brand story, to encouraging adventure-seekers to book their next trip, and ultimately to driving longer-term loyalty with the next generation of travelers.
Airbnb is aiming to boost its presence in Japan as part of its push to expand its relatively small penetration among Chinese travelers, Airbnb director Parin Mehta told CNBC.
Amadeus experienced an increase of 11.7% in revenue, to €1,250.8 million, and 12.0% in EBITDA to €502.8 million in the first quarter of 2017.
MakeMyTrip has announced a share placement and purchase agreement to raise USD 330 million. Existing investors Ctrip and Naspers have participated in the financing.
Airbnb’s Chinese rival Tujia, a vacation rental platform backed by Ctrip, is in talks to raise more than USD 300 million, reported Bloomberg. Airbnb officially debuted in the country less than a month ago.