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Restaurant POS TouchBistro raises 12.1 million dollars

TouchBistro raised C$16.3 million ($12.1 million) in Series C funding led by Napier Park Financial Partners and Recruit Holdings Co Ltd. This latest round brings TouchBistro’s total funding to date to C$45.3 million.

06/03/2017|2:14:28 PM|PE Hub

Lawsuit files against Priceline Group over Momondo deal

Priceline has been accused of “fraud in its absolute purest form” relating to its acquisition of Momondo.

06/02/2017|6:40:09 PM|Tnooz

Hotelbeds confirms Thailand as top Asian destination, chooses Bangkok for first MarketHub Asia event

Hotelbeds Group, a global bedbank giant and business-to-business travel service provider, announced that its Hotelbeds brand has chosen Bangkok, Thailand as the host destination for the first edition of Hotelbeds MarketHub Asia.

05/24/2017|8:36:11 AM|Hotelbeds

Anantara Vacation Club selects Ingenico ePayments as solution provider

Ingenico ePayments announced that it has signed an agreement with shared vacation ownership program Anantara Vacation Club, to provide online payment acceptance and processing.

05/15/2017|5:48:30 PM|ChinaTravelNews

TripAdvisor revenue rises 6% in Q1 2017

User reviews and opinions grew 43% and reached 500 million at March 31, 2017. GAAP Net Income slided 55% to USD 13 million.

05/10/2017|11:29:26 PM|ChinaTravelNews

Priceline posts $20.7 billion gross travel bookings in Q1 2017

Priceline Group reported gross travel bookings growth of 24% in the first quarter of 2017. Gross profit grew 16% to USD 2.3 billion and net income rose 22% to USD 456 million.

05/10/2017|7:44:38 AM|ChinaTravelNews

Travelport sees highest air revenue growth in Asia Pacific in Q1 2017

Travelport posted a 7% net revenue rise in the first quarter of 2017. International Travel Commerce revenue grew by USD 41 million, with Asia Pacific contributing primarily to this increase.

05/10/2017|12:40:47 AM|ChinaTravelNews

Sabre revenue rises 6.5% to $915 million in Q1 2017

Sabre reiterated its full-year 2017 guidance in the first-quarter report of 2017. Revenue rose 6.5% to USD 915 million in the quarter.

05/02/2017|9:11:28 PM|ChinaTravelNews
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