Japanese finance house and investment group Softbank has signaled a financial write-down in its backing of Indian cab-hailing app Ola.
China's cruise liner ports reported 629 cruise liners leave for trips in 2015, up 35%, with cross-border cruise travelers up 44%.
The Bermondsey Square Hotel in London has given access to its in-house functions to any of the vacation rental of Airbnb-type hosted properties that are within one mile of its location.
Within the past year, hotel brands and technology suppliers have made headlines for their experiments with various messaging channels, as well as for the development of their own messaging Apps.
TripAdvisor reports a revenue of USD 421 million, an increase of 1% year-over-year. Its GAAP Net Income was USD 55 million, a decrease of 26% year-over-year.
China continues to be the world's top source market and has seen a 19% increase in spending so far in 2016, according to data from UNWTO.
The World Travel Market Industry report reveals that less than one in five Brits, who have not used the service, are considering it for the future and, three-in-10 say they have no intention of trying it.
The Priceline Group-owned brand has launched Booking.com For Travel Agents as part of a wider strategy to give intermediaries the ability to use the website for bookings but also have the ability to manage their clients within a microsite.