The online travel group has singled out the performance of its international businesses, along with the contribution from registered users and the growth in lower-tier cities in China.
Airsorted says it has managed more than 3,000 properties and ￡25 million in bookings across platforms including Airbnb, Expedia, Booking.com and HomeAway.
HNA-Caissa Travel Group plans to buy minority stakes in Hong Kong Express Airways, Ghana’s Africa World Airlines and several other companies.
The Kaohsiung firm aims to add six outlets this year to its current 19 and hopes that its IPO will raise between NT$86.3 million and NT$103.56 million.
Tibet-bound travel solution provider TibetJust has recently raised RMB 100 million in an angel round of financing, backed by travel platform Zuotoujing.
Skyscanner's Q4 direct booking revenue nearly doubled year-on-year, and Trip.com achieved triple-digit growth in air ticketing volume.
In 2017, gross profit was RMB 1.2 billion ($179.5 million), an increase of 80.9% year-over-year; net loss was RMB 771.3 million ($118.6 million), compared to a net loss of RMB 2.4 billion in 2016.
The acquisition of Regent is part of IHG’s strategic initiatives focused on continuing to expand its footprint in the fast-growing $60 billion luxury segment.
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