Booking Holdings invests $200M in SE Asian ride-hail company Grab

“Grab has scaled impressively across south east Asia during the last few years, launching itself as an established pioneer in an increasingly competitive space, and we’re eager to partner with them to create much better travel experiences through tech,” says Todd Henrich, senior vice president and head of corporate development to Booking Holdings.
“We’re thrilled to work well with Booking Holdings to present our users even more casual services to pick from when they open the Catch app,” says Ming Maa, president of Grab.

In addition to ride-hailing, Grab supplies package and food delivery, mobile obligations and fiscal services. It currently operates in Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, Myanmar and Cambodia.
As a portion of this bargain, Bookings Holdings’ brands will be able to offer on-demand transportation services through its own apps, powered by Grab. And the Catch app will offer users the ability to book accommodations across the globe via Booking.com along with Agoda and to cover utilizing the GrabPay pocket.
“The online travel market in south east Asia is set to almost triple by 2025, and also we see numerous synergies between transportation and travel which may enable us to capitalize on this enormous opportunity. As a global travel pioneer, hammering ’s investment to Catch is actually a vote of confidence in our continued ability to do and expand into various O2O [online-to-offline] verticals and roll them from round the 235 cities by which we operate. ”

Catch has raised more than $2 billion for the current form of financing – for example $1 billion from Toyota that came in June – and continues to be on course to boost over $3 billion by the close of this year. In March, Grab bought Uber’s firm in Southeast Asia, but that deal is being contested by labs in Singapore.

Just click here for details, tickets and also the program for this particular past year ’s event in Los Angeles, November 1315.

Booking Holdings is investing $200 million and building a strategic venture with Grab Holdings, a Singapore-based on demand transportation platform that functions in 235 cities in eight states across Southeast Asia.
REGISTER NOW!

Read More

Disney Cruise Line Announces Fall 2020 Itineraries with Fun and Festive Holiday Sailings to Tropical Destinations

Disney Cruise Line treats guests sailing in the fall to a wickedly good time as the Disney ships transform into a ghoulish wonderland during Halloween on the High Seas cruises. For this extra-spooky celebration, each ship boasts its own signature Pumpkin Tree. (Kent Phillips, photographer) The Disney Wonder docks at Castaway Cay, Disney’s private island in the tropical waters of the Bahamas, reserved exclusively for Disney Cruise Line guests. In a setting of crystal-clear turquoise waters, powdery white-sand beaches and lush landscapes, the 1,000-acre island offers one-of-a-kind areas and activities for every member of the family. (Todd Anderson, photographer) In the spirit of holiday cheer, Disney Cruise Line adds sparkle to each ship during Very Merrytime Cruises, with Disney characters dressed in festive attire, special stem-to-stern holiday events, traditional “turkey day” fanfare, Christmas feasts, “snow flurries” and New Year’s Eve galas. (Matt Stroshane, photographer) The holidays take on a tropical flair at Disney’s private island in the Bahamas, Castaway Cay, with “snow flurries,” a decked-out Christmas tree, Disney character meet-and-greets and holiday island music. (Kent Phillips, photographer) Disney Cruise Line returns to New York in fall 2019 with sailings to luxurious Bermuda, the sun-kissed Bahamas and historic New Brunswick, Canada. Two seven-night sailings from New York treat guests to a double dose of pixie dust with a trip to Walt Disney World and Disney’s private island, Castaway Cay. (Chloe Rice, photographer) In fall 2019, Disney Cruise Line returns to Galveston with a variety of itineraries to the Caribbean and the Bahamas. Guests sailing to the Bahamas will experience tropical beauty with a stop at Disney’s private island paradise, Castaway Cay. (Matt Stroshane, photographer)

Read More

Skift Forum Europe Video: AI and Personalization – The Next Stage in Travel Marketing

Skift Forum Europe Video: AI and Personalization – The Next Stage in Travel Marketing 1

Skift Take: Artificial intelligence was a hot topic at this year’s Skift Forum Europe in London. In this video recap from the event, we learn more about how Tinyclues is helping travel brands like Thomas Cook use AI to deliver more personalized shopping and buying experiences to customers at scale.

— SkiftX

Read the Complete Story On Skift

Read More