From pure traffic generation to moving into areas of facilitated bookings, meta-search has come a long way. And China seems to have predicted well and led the way.
Meituan-Dianping would have to spin off its hotel business as the company was expected to run out the 3.3 billion dollars raised in its series E round within 1.5 years.
Tuniu's number of trips sold increased by 64.8% in the second quarter of 2016, but the company still registered larger net loss than that of Q2 2015.
Travello, a mobile application that aims to help travellers hook up prior to a trip, has raised almost $1 million in funding.
Hotel web and marketing kit provider Hotelchamp has secured a Euro 1.75 million investment round.
Sunhotels, the European bedbank of Australia’s Webjet, is taking a big chunk of UK tour operator Thomas Cook‘s hotel contracting and supply business.
Mobile isn’t just a side-dish anymore. That’s why travel companies need to make it a priority.
Worldpay noted that 72% of Chinese respondents paid for their last holiday using a credit option.