From the monthly archives: "June 2014"
    0

    Issue 24: 30th June 2014

    Oracle makes hospitality move Oracle has announced that it will buy Micros Systems for USD5.3bn, the latest deal in a busy season for the technology sector. Micros offers a range of Property Management System and Point Of Sale software, hardware and cloud solutions to hotels, significantly increasing Oracle’s role in the hospitality sector. Read [...]
    0

    China’s Airbnb secures USD100m

    Tujia, the Airbnb-style home rental website based in China, has announced USD100m in third-round funding. The company said that it would use the funds to expand in its domestic market as well as overseas. Two previous rounds of funding saw the group raise a total of USD64.2m. Seven existing investors participated in the new round [...]
    0

    TripAdvisor trials Q&A forum

    TripAdvisor is reported to be trialing a Q&A function which will connect consumers directly to hotels. The product is expected to build on recent efforts by the company to work more closely the the  hotel community. The new function will allow consumers to ask the hotel a question prior to booking, with the question visible [...]
    0

    eDreams expands despite loss

    eDreams Odigeo, which floated earlier this year on the Spanish stock exchange, saw its share price fall by almost a third after posting a loss in its full-year results. The group also announced plans to pursue its expansion, launching a website in Russia which it claims will give it a presence across five continents. The [...]
    0

    Six Degrees of Marriott

    Marriott International is reported to be planning to create further opportunities for guests to network with each other with a new app called Six Degrees Although still in development, this purportedly allows guests to connect through LinkedIn with other guests staying at the same hotel. The move is reminiscent of KLM’s Meet and Seat social [...]
    0

    Oracle makes hospitality move

    Oracle has announced that it will buy Micros Systems for USD5.3bn, the latest deal in a busy season for the technology sector. Micros offers a range of Property Management System and Point Of Sale software, hardware and cloud solutions to hotels, significantly increasing Oracle’s role in the hospitality sector. Micros’s systems are in use across [...]
    0

    Issue 23: 23rd June 2014

    TripAdvisor takes Instant mobile TripAdvisor has launched its Instant Booking feature for mobile, allowing users to book rooms from their phones without leaving the site. The move takes the company further towards the realm of the online travel agent, although it maintains that it is committed to the meta-search model. Read more Hotelbeds to [...]
    0

    Travelport buys Hotelzon

    Travelport has acquired Hotelzon, a B2B hotel distribution technology provider, for an undisclosed sum. The deal was in line with the group’s strategy of expanding its ‘Beyond Air’ business, which it outlined in its IPO document earlier this month. Travelport’s acquisition of Hotelzon follows other investments recently made as part of its “Beyond Air” strategy [...]
    0

    Priceline continues spending spree

    Priceline has continued along the acquisitions trail, adding HotelNinjas to OpenTable and Buuteeq. The deal came as Priceline CEO Darren Huston sent OpenTable employees a letter assuring them their new parent company was not “heavy handed”. HotelNinjas was acquired for an undisclosed fee two months ago, although the deal has only just come to light. [...]
    0

    Expedia to accept Bitcoin

    Expedia has announced plans to accept payments for hotel rooms in Bitcoins to give travellers “more choice and flexibility”. The move gives further legitimacy to the digital currency, which has also been adopted by smaller online travel sites Travel Keys and CheapAir. Michael Gulmann, VP, Expedia Global Product, said: "We're continually looking at ways consumers [...]