Atomize, the innovative revenue management software platform announces the completion of a 3.4 Million Euro pre-IPO funding round in order to accelerate product innovation and global expansion in the hospitality industry.
Airbnb a niche-holder, not a hotel nemesis, CEO says
Airbnb founder and CEO Brian Chesky recently discussed the companyÕs competition with traditional hotels, and its future expansion and IPO plans. Mr Chesky said AirbnbÕs competition with traditional hotels is overstated, as it serves a different segment of travelers.
Trivago goes public
Trivago announced the pricing of its initial public offering of 26,110,118 American depositary shares (ADSs) representing Class A shares of its affiliate, travel B.V.* (the Company) at $11.00 per ADS.
