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Israel Hotel Association blames Airbnb for declines in hotel occupancy
Reading Time: 2 minutesIsrael: The number of hotel overnight stays by foreign tourists in September went down from last year according to the Israel Hotel Association. The trade group coupled the release of the figures with a complaint about unregulated competition from private rentals through online services such as Airbnb. Foreign tourists spent 658,000 hotel nights in Israel […]
Domio raises $12 million to accelerate development of technology platform
Reading Time: 2 minutesUnited States: New York-based travel technology platform Domio has announced it has raised $12 million in Series A funding this week. The round of funding was led by Tribeca Venture Partners. SoftBank Capital NY and Loric Ventures also participated in this round. Following this round of funding, Domio is planning to accelerate the development of […]