Looks like there's a bit of an opportunity for outsiders to get a chunk of China's largest carriers.
Although the investments pave the way to greater tourism spend, growth is still concentrated to select cities limiting its positive impact and hurting the country's greater economic growth.
TCV's investment will help SiteMinder scale on a global level as well as signifies diversified venture firms' growing interest in the hospitality sector.
Share prices tend to rise when Carl Icahn is on board, and perhaps Hertz shareholders are smelling blood in the water.
If anyone could predict what's in the pipeline for the hospitality industry, it'd be Lee Pillsbury. But the pace of innovation today means that his venture fund is also in search mode to find what the next Hilton or Expedia will be.
Prince Alwaleed is not a foolish investor, so it's doubtful we'll see significant capital flowing into Greece unless there's concrete action by the Greeks that demonstrate there's been a change in the way they do business.