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Sabre reports fourth quarter and full year 2015 results

Sabre's Q4 2015 Travel Network revenue increased 22.3% to $531.2 million and its Adjusted EBITDA increased 20.9% to $208.0 million. Total bookings increased 33.0% driven by the acquisition of Abacus and continued strong growth in North America and EMEA.

02/09/2016|11:23:46 AM|ChinaTravelNews

TravelDaily China will present on ITB Berlin

As the strategic partner of ITB, TravelDaily will also be exhibiting at the trade show, and organize various events focusing on China’s outbound travel and the change of consumer behavior.

02/11/2016|6:23:48 PM|ChinaTravelNews

Jin Jiang International becomes largest shareholder of AccorHotels

Jin Jiang International again raised its shareholding of AccorHotels to 6.03% and became the largest shareholder of the French hotel group.

02/04/2016|6:06:45 PM|ChinaTravelNews

Jin Jiang International raises AccorHotels stake to 5.5%

Jin Jiang International has increased its shareholding of AccorHotels to 5.5%, becoming the second largest shareholder of the French hotel group.

02/04/2016|6:20:03 PM|ChinaTravelNews

How are Chinese carriers going about fare families?

Recently, many Chinese carriers feature fare families on their respective international websites.However, introducing fare families or unbundling isn’t a straight forward process.Airlines should not only focus on revenue maximization,instead, they should provide flexible products.

02/02/2016|11:40:55 AM|ChinaTravelNews

Expedia sees a bright future in China

Expedia has a two-fold approach for each and every market. Firstly, building own brands organically and secondly, partnering with strong local brands. Currently,the company is looking at optimizing marketing mix, looking at new payment options other than Alipay and also sharpening hotel content via contracting as well as tie-ups with local OTAs.

02/01/2016|11:41:47 AM|ChinaTravelNews

The game of hotel contracting – are foreign OTAs playing it right?

Domestic OTAs have massive lead over their counterparts from abroad in hotel business, be in terms of geographical coverage, number of properties, and volume of business.

01/30/2016|11:43:47 AM|ChinaTravelNews

MakeMyTrip FY16Q3: hotels and packages bookings up by 150%

In its unaudited Q3 result, MakeMyTrip's gross bookings reached $455.2 million with transactions for hotels and packages increased by 148.2% YoY.

01/29/2016|10:29:54 PM|ChinaTravelNews
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