One of the biggest investment rounds in the history of Indian online travel has come to Ibibo Group, owner of the Goibibo online travel agency. Global web and media company Naspers is backing the company alongside Tencent, the Chinese ecommerce giant.…
Booking Holdings‘ acquisition of ETraveli Group might have to jump regulatory hurdles, with the European Commission set to make a decision next week. A year ago, Booking Holdings announced its €1.6 billion takeover of ETraveli, whose brands include Gotogate, Flygresor, Seat24, Mytrip,…
Campsited, a digital marketplace for camping accommodations, has launched the “Open Air Work From Anywhere” program to enable companies to offer their employees the perk of working from a Campsited property for one to 12 weeks at a time. Founded…
Trips from China to the US are down, bucking the global trend which sees Chinese bookings on the rise to most destinations. Elsewhere, China’s digital travel market will grow three times quicker than the US over the next five years.…
Global payment services provider Worldline wants to show its clients, including travel brands, that the metaverse can become a viable new channel to sell products and services. The company has created a virtual “shopping mall” in Decentraland, an Ethereum-based platform…
TerraPay closed its Series B equity financing round by raising more than $100 million to help further the payments infrastructure company’s expansion plans across Latin America and the Middle East and North Africa regions. The funding round was led by…
Global hospitality firm Marriott International announced on Monday, 14th July, that executive vice-president and chief financial officer Leeny Oberg will be retiring on 31st March 2026. Oberg served as Marriott’s CFO from 2016 and, February 2023, was additionally tapped to…
Feargal Mooney is to step down as CEO of Hostelworld, ending a 16-year role at the budget accommodation provider. Taking over the top job which Mooney has held for the last ten years will be Gary Morrison, who will come in…
SONIFI’s guest engagement technology is all set to change the game for guests at the recently-opened luxury resort Rosewood Mandarina in Mexico’s Riviera Nayarit. With SONIFI’s interactive TV platform in each of the 134 suites, guests can not only access…
Indian online travel app Ixigo has invested $3.1 million in electric bus startup FreshBus. The seed round will go toward the launch of the inter-city electric bus service across India. The Bengalaru, India-based bus business is launching from Hyderabad and…