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Cleartrip, Flipkart | April 16, 2021
Flipkart announced on Thursday that it has agreed to acquire Cleartrip, an online travel and hotel ticketing firm, as the Walmart-owned e-commerce firm seeks to expand its offerings in the world's second-largest internet market. According to a person familiar with the matter, the deal values 14-year-old Cleartrip, which raised approximately $74 million before the acquisition, at approximately $40 million. Cleartrip, like most other travel companies, is under immense stress as ...
Travel Technology
Airbnb | February 25, 2021
Since going public, most of the news out of Airbnb has been around policy. Today, the organization has an announcement that is about the product. As the pandemic evolves the way we do everything, and we collectively realize that quite a bit of that new behavior will be permanent, tech companies are looking to evolve alongside us. Airbnb is today introducing Flexible Search, which will allow users to forgo putting in exact dates when they look to book lodging on the ...
Business Wire | October 30, 2023
Hyatt Hotels Corporation announced the opening of Hyatt Regency Changshu Kuncheng Lake, a timeless urban haven on the east bank of Kuncheng Lake and one of the highest hotels in Changshu, with panoramic lake, city, mountain and sunset views. Located a one-hour drive from Suzhou, Wuxi and Shanghai, with convenient access to Changshu’s intercity train network, the hotel of...
Hospitality Trends
prnewswire | April 27, 2023
Marina Bay Sands' US$1 billion reinvestment programme its most ambitious to date since opening in 2010 reached a critical milestone this week with the completion of over 850 hotel rooms that are setting the tone for a new era of luxury hospitality. The rooms – located in Towers 1 and 2 of the iconic hotel – represent the first wave of exquisitely designed luxury accommodation that draws inspiration from Singapore's multicultural environment. The ne...
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Hospitality Management
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