Vacation rental platform Tujia announced on October 20 a strategic agreement to acquire the apartment and house rental operation of China’s OTAs Ctrip and Qunar.
Ibibo Group and MakeMyTrip, by many measures the top two online travel agencies in India, announced a merger — ending an expensive competitive pricing and discounting race.
HNA Group boosted its stake in Tuniu to 26.61% in three transactions via its subsidiary HK Praise Tourism in the past five months, according to company filings on SEC.
Online travel search company Skyscanner Ltd. has begun exploring strategic options, including a possible sale of the company or an initial public offering, people familiar with situation said.
Google Trips aims to be a personalised tour guide for travellers and is arguably the most significant launch in the travel space for Google since it created the Flights and Hotel Finder products a few years back.
Qunar announced that it has entered into a definitive agreement with Ocean Management. The agreement valued the company at around USD 4.44 billion.
MakeMyTrip will own 100% of ibibo Group after the merger. Naspers and Tencent will become the largest shareholder in MakeMyTrip.
Google has begun to add airfare predictions to its metasearch tool. It has also begun to prominently encourage consumers to sign up for hotel loyalty programs for access to special rates or benefits.