Articles tagged “Meituan-Dianping”

These were the 10 biggest deals in travel in 2018. Were they the smartest decisions? We'll know in a few years. Hospitality-related acquisitions dominated our list; the online travel agencies made some big investments, but were absent as big buyers.

China's travel market is fast-growing enough that it could support a competitor to current leader Ctrip. That day may arrive soon, too, given that Meituan-Dianping is showing surprising traction in hotel booking.

The deal shows the pragmatism of Priceline Group's new CEO toward China. Glenn Fogel chose to sync up with an additional local player rather than rely just on its existing partnership with Ctrip.