Zozi, the drama-filled travel industry startup whose former CEO recently sued its board, has been acquired by Peek, a rival in the tours and activities business where Zozi also competes. Terms of the
Skyscanner, the Scotland-based flight-search company, has been acquired by Chinese online travel giant Ctrip for £1.4 billion, or approximately $1.74 billion.
Ibibo Group, which claims to be India’s largest online travel group, has raised $250 million in new funding from majority stakeholder Naspers Group. In an announcement, Ibibo Group said the new f
According to Phocuswright, an independent travel and tourism research firm, the global travel market was worth US$1.3 trillion in 2015. The cut in Asia Pacific (APAC) was US$367 billion; of that, the
St. Augustine of Hippo said “the world is a book and those who do not travel read only one page”—-which is somewhat unfair to people who can’t travel because of financial or physical reasons.
Chris McNamara stood at the overhang of what would be his final wingsuit BASE jump (parachuting or wingsuit flying from a fixed structure: building, antenna, span and Earth). A 1,500-foot drop was a c
Travel and expense management company Concur wants a bigger pie of the $3 billion Indian online travel market. The company has just concluded negotiations with Sherpalo Ventures and Kleiner Perkins t
Indian travel booking site, MakeMyTrip, has acquired EasyToBook, an Amsterdam-based hotel booking portal, for around $5 million. With this acquisition, MakeMyTrip is hoping to increase its proportion
Some consolidation afoot in the online travel space: UK-based <a target="_blank" href="http://www.secretescapes.com">Secret Escapes</a>, which focuses on luxury travel flash sales, is buying Germany's
Online travel site Peek wants to make it easy for users to discover and book experiences in a variety of destinations, so it rolled out services to three new cities -- New York, Miami and Orlando. Use
Secret Escapes, an online 'flash sales' free-to-join members club for luxury holidays and hotel rooms, has raised a new funding round totaling £8 million ($12.8m) to bolster its position in the U.K.
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