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Trip.com Group invests in airport service app iSkytrip

This is not the first time that the Chinese OTA has expanded into airport-related services.

06/02/2020|3:31:45 PM|ChinaTravelNews

Tripfuser lands £2.4M in funding, seeks further expansion

RACV’s strategic investment provides the strongest endorsement for the Tripfuser tailored-travel marketplace and provides a platform for a long-term partnership.

06/01/2020|4:48:40 PM|Phocuswire

Caissa Travel suspends purchase of Tuniu shares from JD.com

If Caissa Travel buys Tuniu shares as planned, it will possibly assume a heavy financial burden and take the risk of not getting returns in the long term.

06/01/2020|10:01:08 AM|ChinaTravelNews

Chinese OTA giant faces tougher challenges in second quarter

International transportation accounts for 50% of Trip.com Group's total transportation revenue, so transportation will be more vulnerable to the COVID-19 impact than hotels will.

05/30/2020|11:55:21 AM|ChinaTravelNews

TravelSky sells a stake in its consumer-facing App to China Southern

The state-controlled giant is taking a step to better adjust to the market-based economy and explore monetization for its app unit.

05/28/2020|2:34:11 PM|ChinaTravelNews

Shares issue and new banking facility boosts On The Beach’s liquidity by £120 million

A total of 26,143,500 ordinary shares in the OTA have been placed at a price of 257.5p per share representing almost 20% of the company’s existing issued share capital.

05/27/2020|1:51:51 PM|Travolution

Bain Capital: Virgin Australia needs to regain "Virgin Blue fun"

Bain's Virgin 2.0 will be an airline for all Australians, with Australian management and staff, funded by significant Australian money, and Bain Capital, which has been investing in Australia for more than 20 years.

05/26/2020|6:20:15 PM|Executive Traveller

Indonesian capsule hotel startup Bobobox bags $11.5 million Series A funding

They are tapping into a sizeable market of USD 20 billion in Southeast Asia.

05/21/2020|2:47:06 PM|DealStreetAsia
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