Search results for “acquisition”
Mark your calendar for 2016 TravelDaily Events
03/29/2016|3:33:27 PM|
In 2015, TravelDaily has been on the go too, having launched HMC, CADC, TDC and other events. Now take a look at the calendar for upcoming events in the new year!
Huixiaoer completes B round with tens of millions of dollars
03/24/2016|11:25:26 AM|
Meeting venue booking platform Huixiaoer announces the completion of its B-round funding with tens of millions of US dollars. The round was led by DCM Ventures and joined by IDG Capital Partners.
China Lodging compares its 11 years with Marriott’s six decades
03/22/2016|11:09:32 AM|
The Chinese hotel company intends to focus on 3 aspects – differentiating its flagship brand HanTing, sustaining its rapid expansion and strengthening its direct sales capability.
Ctrip’s story isn’t just about growth, margins too coming into the picture
03/19/2016|11:20:10 AM|
Post consolidation in the OTA space, Ctrip is not only focused on its market share and GMV, but it also looking at hiking the overall margin to improve the financial performance.
Sabre reports fourth quarter and full year 2015 results
02/09/2016|11:23:46 AM|
Sabre's Q4 2015 Travel Network revenue increased 22.3% to $531.2 million and its Adjusted EBITDA increased 20.9% to $208.0 million. Total bookings increased 33.0% driven by the acquisition of Abacus and continued strong growth in North America and EMEA.
EQT to create new European tourism group with Kuoni takeover
02/12/2016|12:54:05 AM|
Swedish private equity firm EQT aims to create a new European tourism group with the agreed takeover of Kuoni and possible purchase of TUI's Hotelbeds unit.
MakeMyTrip FY16Q3: hotels and packages bookings up by 150%
01/29/2016|10:29:54 PM|
In its unaudited Q3 result, MakeMyTrip's gross bookings reached $455.2 million with transactions for hotels and packages increased by 148.2% YoY.
Tuniu forays into unchartered areas in addition to its tour packages offering
03/03/2016|6:18:58 PM|
How is the current crop of online travel companies in China trying to unlock additional profitability? How can the huge volume of traffic be better monetized by OTAs? Are all transactions 100% digital?
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