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Bali tourism leaders push for crackdown on illegal rental villas
Reading Time: 2 minutesIndonesia: Tourism leaders in the Indonesian province of Bali are set to launch a crackdown on holiday rental villas being operated illegally without the correct business registration documents.
Countries issue UK travel warnings as unrest increases
Reading Time: 3 minutesUK: Seven countries have issued warnings over travel to the UK in the wake of ongoing violent anti-immigration protests and riots.
Travel + Leisure to buy Accor Vacation Club in $48.4m deal
Reading Time: 2 minutesAustralia / New Zealand: Membership and leisure travel company, Travel + Leisure Co., has announced that it has reached an agreement to acquire Accor Vacation Club, the vacation ownership business of global hospitality brand Accor, in a $48.4 million transaction.
Travelio lands undisclosed amount in Series C funding
Reading Time: 2 minutesIndonesia: Jakarta-based rental operator Travelio has closed an undisclosed Series C funding round.
Traveloka secures $300m in financing to fuel growth
Reading Time: 2 minutesIndonesia: Jakarta-based online travel agency and app, Traveloka, has announced that it has secured $300 million in fresh funding.
Tiket considers Blibli merger ahead of $1bn IPO
Reading Time: < 1 minuteIndonesia: Jakarta-based OTA Tiket is considering a merger with e-commerce platform Blibli ahead of a planned $1 billion initial public offering [IPO] this year.
OTA Traveloka raises $250m to boost travel confidence
Reading Time: 2 minutesAsia: Jakarta-based online travel agency and app, Traveloka, has announced that it has raised $250 million to enhance its operations during the coronavirus crisis and restore confidence in the “resilience and the viability of the regional travel industry”. The company has declined to disclose who led the round, apart from it being a “global financial […]