On Friday October 30, TripAdvisor, the world’s largest travel community and an operating company of Expedia Inc., announced it has signed a transaction to acquire Kuxun.cn. Closing is conditional upon the completion of certain regulatory requirements. Other terms of the deal are not being disclosed. Who is Kuxun? To sum it up, it took 9 months for them to secure venture funding of USD$12 million,... 

Asia Pacific Travel Research and Analysis from PhoCusWright The Asia Pacific (APAC) region includes some of the world’s key emerging markets as well as more established travel economies.  Even amidst the turbulent economy of 2009, compared to other regions, the Asia Pacific travel market is relatively stable. There has been an overall downturn, with all the major segments—air, hotel and car—declining...