EU blocks acquisition of hotel online travel agency
The EU Commission determined that the merger of Booking and eTraveli could result in increased expense for hotels and potentially for consumers.
10 October 2023
10 October 2023
The EU Commission determined that the merger of Booking and eTraveli could result in increased expense for hotels and potentially for consumers.
The report, drawn from extensive research and the insights of travellers and experts, provides a comprehensive view of the changing travel landscape in 2024.
The properties will operate under Accor’s nine brands and will be developed by local partners.
Approximately 56 million people booked hotels and the occupancy rate touched 75% between January and July 2023.
The properties are TRYP by Wyndham New Taipei Linkou and Wyndham Sun Moon Lake.
The full-service property offers 63 rooms and suites catering to business travellers.
The refurbishment of the 82-room hotel is scheduled to commence in January next year and is expected to be completed in 2024.
Expected to open in 2025, Lemon Tree Hotel, Jamnagar will have 60 guest rooms along with a range of restaurants.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
The T&T sector is becoming increasingly digitalized, embracing emerging technologies such as AI, IoT, and cloud. As the digital ecosystems of companies grow, they become more vulnerable to cyberattacks. The industry is fragmented, thereby increasing the number of potential entry points for attackers to exploit. Per GlobalData estimates, cybersecurity revenues in the T&T sector are forecasted to reach $3.5 billion by 2026.
Give your business an edge with our leading industry insights.