Tourico’s burgeoning data mining initiative is helping Chinese intermediaries in improving upon their product offering by evaluating travel booking behavior. A detailed look at how business intelligence is paving way for competitive edge in the B2B domain.
A new round of $5.5 million has been ploughed into owner support service Evolve Vacation Rental Network by T Rowe Price.
Barcelona-based business travel startup Travelperk has raised $7m in Series A funding led by Spark Capital.
Lately there’s been a global uptick in companies offering multi-modal search, meaning, multiple-transport options, such as car rentals, trains, coach buses, ferries, and even car-sharing.
The media company moves from one PE firm—the Wicks Group—to another. Northstar’s management team stays in place.
After looking into Airbnb and its growth and impact of rival online travel brands, US-based 7Park Data found that online travel agency has not seen any significant impact from Airbnb.
The $64 billion behemoth and its fiercest rival, $16 billion Expedia, have been going head to head for the best assets, as newer vacation-rental entrants like HomeAway and Airbnb take some market share.
Australian OTA Webjet has bought New Zealand’s Online Republic, whose brands include the world’s largest online motorhome rental site, for NZ$85 million.