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ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017|2:15:13 PM|
In 2017, the World Tourism Alliance was set up, ITB debuted in Shanghai, China banned tours to S. Korea, Priceline invested in Meituan to compete with Ctrip, and local home-sharing is on the rise while Airbnb is slow to localize...
Children outdoor activities company BBZTX closes ￥20 million B round financing
11/27/2017|4:17:55 PM|
Children outdoor activities company BBZTX has received more than ￥20 million in its B round financing. The company presently maintains a presence in 20 cities with annual revenues of nearly ￥40 million.
Xiaozhu co-founder anticipates profit in 2018 and moots listing plan
11/02/2017|4:52:25 PM|
Xiaozhu has been operational online with clear transaction scale and business model, and the possibility of going public is becoming clearer, though no timetable has yet been set.
Vpon decodes the digital footprint of mainland tourists
10/31/2017|4:31:11 PM|
Countries in Asia-Pacific remain the top destinations of mainland Chinese tourists, while a number of provinces of the new 1st-tier cities become popular, along with Beijing and some coastal regions.
Travel platform Zoomdu secures tens of millions of yuan in financing
11/22/2017|9:37:42 AM|
Travel service platform Zoomdu has secured tens of millions of yuan in its A round of financing. The funds will mainly be used to promote its App "FindYourGuide".
Ctrip opens up data and cross-platform synergies for destination marketing
10/25/2017|7:52:48 AM|
Ctrip is not only growing its own technologies and data for destination marketing, but also exploring cross-platform strategies by partnering with internet giants including WeChat and Google.
"Direct sales" going up for Chinese carriers, but is it enough?
10/18/2017|9:02:02 PM|
Top carriers in China today have 40-45% sales coming in via "direct" channels. But this figure also includes selling inventory via OTAs. So this doesn't translate into owning the passenger for airlines.
Retailing isn’t just about monetisation, also about being “smarter” than ever
11/03/2017|10:21:12 AM|
The pace with which retailing continues to evolve means random selling of air ancillaries and non-air ancillary products won’t work or pay off in the future.
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