As Anbang looks to raise cash more rapidly, the insurer has decided to sell the entire portfolio of about 15 hotels.
Amadeus is to integrate TravelClick into its Hospitality, going up against players like Sabre and Oracle.
According to The Economic Times, OYO is in talks with companies including SoftBank and We-Work for a new round of investment. The deal is expected to finalise by the end of this month.
The proceeds will be earmarked for implementing overseas business, and Ctrip will gear up its global business reach by providing open access for Hinabian.
Though an emerging player in the market, Hyperfit has maintained an in-store conversion rate of 80% and a repurchase rate of over 80% through word of mouth. The numbers are still growing.
99% of all business travelers' bookings are processed without any human intervention from Roomex.
The fundraising amount and the company's valuation could change depending on market appetite.
On The Beach will develop a new travel agent-only platform Classic Online while engaging in offline business.
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