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Priceline reports financial results for Q4 and FY2015
02/17/2016|10:08:34 PM|
Priceline Group today reported its 4th quarter and full-year 2015 financial results with fourth quarter gross travel bookings increasing by 13% YoY to $12.0 billion and gross profit increasing by 12% YoY to $1.9 billion for Q4.
Travelport announces new multi-year distribution and merchandising agreement with Cathay Pacific and Dragonair
02/16/2016|2:03:09 PM|
Travelport announces the extension of its multi-year content agreement with Cathay Pacific and its subsidiary Dragonair, which also sees the airlines sign up for Travelport’s industry leading merchandising solution known as Rich Content and Branding.
TripAdvisor Reports Fourth Quarter and Full Year 2015 Financial Results
02/12/2016|8:34:23 AM|
TripAdvisor, Inc. reported financial results for the fourth quarter and full year ended December 31, 2015.
TravelDaily China will present on ITB Berlin
02/11/2016|6:23:48 PM|
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.
Sabre reports fourth quarter and full year 2015 results
02/09/2016|11:23:46 AM|
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.
Joyu Group captures RMB 800 million funding to kickstart crossover of drama IP with travel and internet
02/05/2016|6:44:01 PM|
Joyu Group has gained RMB 800 million funding from a group of investors including Huace Film & TV on February 4. The deal will kickstart a new era for crossover collaboration between China’s movie and tv show giants and tourism destination operators.
Double-digit growth in Chinese outbound travelers continues for the 12th year
01/30/2016|4:05:17 PM|
China remains a leading force in the global market of outbound tourism with Chinese outbound visitors increasing at a double-digit rate for 12 years in a row.
Foreign OTAs – can they challenge the likes of Ctrip and Qunar?
01/29/2016|10:02:43 AM|
Domestic OTAs have been engaged in a cut-throat battle over the past few years. Foreign OTAs have room for growth, but they need to move assiduously.
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Xiaohongshu- and Trip.com-invested PMS startup Smart Order eyes global expansion

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GBTA launches global equity program to support business travel professionals in emerging markets through sponsored memberships

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Global tourism shift: China and U.S. slow down while India rises

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Lufthansa plans to suspend Beijing flights as German investments in China reach record high

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Trip.com Group reports 70% rise in Q1 international OTA platform revenue

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