While the global flash deals market wobbles, Asia reveals a different side

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The flash deals market is under pressure – share price of market leader Groupon dropped by 70% compared to the value at the time of its IPO.

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TravelerVIP raises $1 million, wants to corner the Middle East market for luxury flash sales

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TravelerVIP thinks it can exploit its local advantage and get in early on the growing online hotel market in the Middle East

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Travelzoo rescues Perfect Escapes, picking up Travel Intelligence and the Travel Editor along the way

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Deals specialist Travelzoo has acquired the Perfect Escapes brand after it was put into administration alongside other brands within the Travesse portfolio at the end of September

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Momondo name to carry Cheapflights into non-English speaking territories

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Cheapflights Media has rebranded to Momondo Group as it prepares to extend its presence to non-English speaking destinations.

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Is there something in the Tingo concept for tour operations, rail and car hire?

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Independent tour operators, rail providers and car rental companies could be next to feel the Tingo effect says new research

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Secret Escapes secures £8 million, plots international expansion

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Luxury flash sales site Secret Escapes has won £8m in new funding with Index Ventures leading the round

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Expedia-Groupon Getaways partnership unlikely to see light of day in Europe

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A partnership between Expedia and Groupon providing local travel deals launched in the US in last June may now not be replicated in Europe.

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Amazon brings local deals to the UK, first stop London

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Move over Groupon and company, just over a year since launching local deals in the US, Amazon has introduced a similar service in the UK

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Yabbedoo seeks to disrupt with local deals and travel news service

yabbedoo

Yabbedoo is setting itself a huge challenge – to disrupt the industry by providing its special deals platform incorporating geo-location as well an industry news and information service for travel companies looking for that competitive edge as well as travellers and locals

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Futon anyone? Online travel agency StudentUniverse shifts into deals

StudentUniverse

StudentUniverse, which focused on student travel for more than a decade, is broadening its appeal by offering the college set negotiated discounts on everything from electronics and clothing to entertainment and food.

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