Issue 22: 16th June 2014

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    Trivago creates hotelier tool

    Trivago has launched Hotel Manager, a free online tool for hoteliers, which it says will help maximise their online presence and increase bookings. The product is the latest move by a meta-search engine to work more closely with independent hotels, coming after TripAdvisor’s launch of its Connect product. Trivago said that Hotel Manager aimed to [...]
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    Accor takes digital revamp internal

    Accor has relaunched its company-wide intranet, adding a social media platform for its staff, which it says it hopes will help them share “ideas and good practice”. The move is the latest from the company as it seeks to build a reputation for digital innovation and appeal to employees from GenerationY. The company said that [...]
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    The lion’s share

    Uber, the car sharing company, has been valued at USD17bn as a result of a recent USD1.2bn fund raising. The news came as legislation in London was changed to make it easier for homeowners to let out their homes for a short period, opening up the market for Airbnb. Prior to the change, Londoners wishing [...]
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    Travelport confirms IPO

    Blackstone Group-controlled Travelport has confirmed plans for a USD100m IPO in the US, with the finds raised used to pay down debt. The group said that it offered “the largest inventory of hotel properties on any travel platform in the world” and would seek to expand this further. In its prospectus, the company said: “Our [...]
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    Priceline makes USD2.6bn OpenTable deal

    Priceline has agreed to acquire restaurant booking site OpenTable for USD2.6bn. Speculation has suggested that the deal may spark a round of acquisitions by the group as it expands from its traditional online travel agent offering, following in the footsteps of TripAdvisor’s acquisition of Lafourchette last month. Priceline will pay USD103 per share in the [...]