Travelzoo posted revenue decrease of 5% to $29.3 million in the fourth quarter of 2016.
India-based travel agent marketplace TravelTriangle has brought in a new funding round of USD 10 million.
The Momondo Group has sold to the Priceline Group, owner of rival travel search service Kayak, in a USD 550 million deal.
Data alone cannot provoke change - rather accessibility, acting on it, customer support, training, incentivizing employees and ending up with the development of a customer-centric culture is key, says RJ Friedlander, CEO of ReviewPro.
Booking.com has joined the travel startup accelerator trend by launching its own programme with a total fund of €2 million.
Despite a turbulent 2016, Asian tourists plan to travel abroad more and spend more time on in-depth exploration trips to safe destinations in 2017, finds Travelzoo's travel trends report.
GV and Tenaya Capital have joined the latest Series B round for on-demand travel service Lola, bringing the total in that investment to $25 million.
The Indian OTA generated revenue of USD 123.2 million in the quarter ended December 31, 2016, an increase of 38.6% YoY.