The financial backer of SiteMinder and Stackla has led a USD 1.8 million investment in Rezdy, the tours and activities technology provider.
Four-year-old Brazilian flight search engine Voopter has attracted the new Series B investment of USD 600,000 from Travel Capitalist Ventures.
China’s sovereign wealth fund CIC subscribed to roughly 10% of a USD 1 billion funding round disclosed by Airbnb in a filing with US securities regulators, reported Sky News.
Conference venue booking platform HotelGG announced its subsidiary DeJa Equipment Leasing, an event LED rental provider, has completed a financing round of tens of millions of yuan.
VR’s immersive and interactive abilities are a perfect fit with the travel industry’s reliance on selling experiences through storytelling and visual narratives.
Chinese airlines' focus on digital distribution, reining in intermediaries and loyalty programs will push direct bookings to 60% by 2020, projected Phocuswright.
Airbnb said on Thursday it had raised USD 1 billion in its latest round which valued the company at USD 31 billion.
Airbnb is considering an expansion in the long-term rental business and has asked McKinsey & Co. to research the market. The consulting firm’s work involves conducting competitive analysis of Craigslist, reported Bloomberg.