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Expedia gross bookings and revenue both up by 15% in Q1

Expedia gross bookings and revenue both up by 15% in Q1

Gross bookings, including HomeAway, increased USD 3.6 billion or 15% year-over-year to USD 27.2 billion. Revenue increased 15% year-over-year to USD 2.5 billion.

04/27/2018|7:10:41 AM|Expedia
Guesty raises nearly $20 million to grow rental property management platform

Guesty raises nearly $20 million to grow rental property management platform

Guesty provides property managers a single dashboard to oversee all aspects of their short-term rentals across channels such as Airbnb, Booking.com, Agoda and others.

04/26/2018|5:36:34 PM|Phocuswire
Travel management company Rocketrip raises $15 million

Travel management company Rocketrip raises $15 million

The company says it helps its corporate clients save an average of $208 per business trip.

04/26/2018|4:26:25 PM|Tnooz
Travelzoo's Q1 revenue rises 9% to $30.9 million

Travelzoo's Q1 revenue rises 9% to $30.9 million

Travelzoo announced revenue of USD 30.9 million and operating profit of USD 3.7 million in Q1 2018. "Revenue growth accelerated in all three regions, leading to much stronger earnings," said Travelzoo CEO.

04/26/2018|10:17:56 AM|ChinaTravelNews
Alibaba's travel brand partners with house-sharing platform Xiaozhu

Alibaba's travel brand partners with house-sharing platform Xiaozhu

After establishing a global partnership with Agoda, China's largest online house-sharing marketplace Xiaozhu announced a strategic partnership with Fliggy, the travel brand under Alibaba on April 24.

04/26/2018|8:48:09 AM|4Hoteliers
Trivago revenue decreases by 3% in Q1 2018

Trivago revenue decreases by 3% in Q1 2018

Total revenue slightly decreased to €259.4 million in the first quarter of 2018; net loss was €21.8 million; selling and marketing expense was 99% of revenues.

04/25/2018|10:35:41 PM|Trivago
Ctrip acquires stake in Boom, bringing supersonic travel to China

Ctrip acquires stake in Boom, bringing supersonic travel to China

The OTA will work with the supersonic airplane developer to halve flight times from China to the United States, South Asia, and Oceania.

04/25/2018|8:09:27 PM|Globenewswire
Culture Trip raises $80 million, plans to launch online travel service

Culture Trip raises $80 million, plans to launch online travel service

Unlike traditional OTAs, Culture Trip’s new online travel service will leverage the brand’s inspirational stories and utility content, powered by contributors in more than 300 locations.

04/25/2018|11:38:24 AM|Tnooz
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