AsiaRooms.com Cuts Losses, Closing After 21 Years

The death knell has been sounded for AsiaRooms.com with newly focused owner, TUI Group, which paid USD67.5m for the site in 2007, confirming that it would be closing the loss-making business soon.  AsianRooms is a regional online pioneer founded in 1994. See Tnooz story.

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