Ctrip's Spending Spree and 4 Other Digital Trends This Week
Skift Take
Throughout the week we post dozens of original stories, connecting the dots across the travel industry, and every weekend we sum it all up. This weekend roundup examines digital trends.
For all of our weekend roundups, go here.
>>TripAdvisor's power to leverage vast amount of data and traffic, alongside the acquisitions of multiple companies, has already positioned the company as the one of the largest marketplaces in the industry: TripAdvisor’s Journey Into the Vacation Rental Industry
>>After making a string of investments, Ctrip may be keeping its gunpowder dry in 2017. That will give it a chance to digest its recent acquisition of Skyscanner and to deepen its hotel coverage within China: China’s Ctrip Will Focus on Domestic Hotels Following International Spending Spree
>>It was only last May that Stayzilla received $13 million in a Series C round. An impressive-seeming execution must have blinded investors to spreadsheet data showing the company was not generating enough revenue to cover its costs: Stayzilla Closes Indian Alternative Lodging Business Despite Raising $34 Million
>>Travefy solidifies its business with travel management companies and TravelCar brings its car rental solution to U.S. airports: Travefy Makes Its First Acquisition: Travel Startup Funding This Week
>>Travel incubators seem like such a great strategy: access to outside partners, ideas and talent with minimal risk: Digital Marketing News: Building a Culture for Travel Innovation