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Barry Diller’s IAC takes USD 1 billion stake in MGM resorts with eye on online gaming

IAC believes MGM presented a ‘once in a decade’ opportunity for it.

08/12/2020|1:47:07 PM|Skift

Sabre revenue plunges 91.7% in Q2

The GDS platform completed integration with Google Cloud and delivered first phase of Google Flight Search Availability.

08/08/2020|4:51:09 PM|ChinaTravelNews

Booking Holdings gains more than $1 billion on its Meituan investment

Room nights booked declined by 87%.

08/07/2020|8:14:22 AM|ChinaTravelNews

Greater China continues to lead Hyatt Hotels' recovery

RevPAR in Greater China has shown continued improvement since May, with preliminary estimates indicating occupancy reaching 57% at the end of July.

08/04/2020|6:31:08 PM|ChinaTravelNews

Amadeus revenue contracted 54.7% in first half of 2020

Travel agency bookings fell by 78.6% to 65.9 million.

07/31/2020|6:25:59 PM|ChinaTravelNews

South Korea travel startup MyRealTrip secures USD 36M in new funding

MyRealTrip has raised 82.4 billion won (USD 68.6 million) to date.

07/31/2020|12:30:53 PM|Deal Street Asia

OYO’s Ritesh Agarwal floats Aroa Ventures to back growth-stage startups

Aroa Ventures invests between USD 500K and USD 5 million.

07/30/2020|5:04:19 PM|Entrackr

Wyndham Hotels reports a 50% drop in second-quarter revenue

Global comparable RevPAR declined 54% year-over-year.

07/29/2020|2:28:13 PM|ChinaTravelNews
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