Thomas Cook to sell majority stake to China's Fosun Troubled travel firm Thomas Cook says it has agreed a rescue deal with investor Fosun Tourism, its banks and a majority of its bondholders. Source: Hotel Marketing Thomas Cook to sell majority stake to China's Fosun
Marriott launches wellbeing app TakeCare Level30 is an engaging experience designed with a partner in mind to complete a variety of wellbeing activities and earn points together. Source: Hotel Marketing Marriott launches wellbeing app
Booking.com and Expedia are growing in very different ways While their business models are identical in terms of their various revenue sources, there is a notable difference: Booking.com makes most of its revenues through agency bookings, while Expedia relies heavily on merchant bookings. Source: Hotel Marketing Booking.com and Expedia are growing in very different ways
A blockchain to reconcile hotel commissions Travelport working with IBM, BCD Travel and three hotel chains—has created a minimum viable product solution that uses blockchain to reconcile the commissions hotels pay travel management companies. Source: Hotel Marketing A blockchain to reconcile hotel commissions
