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Ctrip to Acquire Skyscanner

Ctrip, China’s biggest online travel site, is snapping up U.K.-based flight search company Skyscanner for $1.7 billion. This marks the latest high-profile travel acquisition by a Chinese company. Other recent deals include HNA Group’s plans to buy Carlson Hotels and ...

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Flaws in Poll Results Do Not Apply to Travel Technology

Big data and artificial intelligence are being called into question in the wake of major presidential election poll forecasts failing to predict the outcome. While the results were flawed, technology experts say big data and artificial intelligence are not to ...

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New York State Dismissed from Airbnb Suit

Airbnb settled its lawsuit against New York state over a new law that prohibits advertising of short-term rentals and fines violators as much as $7,500. The company and the New York attorney general agreed that enforcement falls to New York ...

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Occupancies Slump as Oil Prices Drop

An analysis of STR data shows a clear correlation between crude oil prices and hotel performance in oil-driven markets. In all the global markets examined, a prolonged decline in oil prices has negatively impacted occupancies for an extended period. For ...

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