21/04/2010

News Update - April 21, 2010

Source: m-travel.com...

Stage is set for Asia’s largest online event ...
Despite strikes, ash clouds and disrupted travel plans, Eyefortravel’s Travel Dsitribution Summit Asia in Singapore (April 28-29th) continues to attract travel brands from all around the Asian travel industry to network, share expert industry knowledge and learn fresh strategies to...

Positioning content as a tool to build a higher level of trust...
IN-DEPTH: Interview with Edward Perry, senior director of E-Commerce, WorldHotels Be it for social web or the early stages of the real-time web, such developments are having a profound effect on local destination content. A firm like visitBritain says its...

Google in talks to buy ITA? ...
Google Inc. is reportedly in talks to acquire Cambridge, Massachusetts-based ITA Software. According to a report filed by Bloomberg, ITA Software “may seek about $1 billion, said two of the people, who asked not to be identified because the discussions...

Tui Travel raises £500m...
Tui Travel has raised £500m of fresh financing. The group intends to fund acquisitions through the issue of a convertible bond and new banking facilities. As per the information available, the fundraising comprises a £350m convertible bond and £150m of...

Formosa to acquire Regent Luxury Hotel Business...
Minneapolis, Minnesota-based hospitality and travel company Carlson and publicly-held The Rezidor Hotel Group have entered into a definitive agreement with Formosa International Hotels Corporation (FIHC) under which FIHC will acquire the Regent luxury hotel business. The master purchase agreement for...

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