Search results for “travel agencies”
OTA titan buys into more startups; US-China aviation evolves | Weekly Review
06/06/2020|10:39:59 PM|
E-commerce platform Pinduoduo added flight booking service; Fliggy, Meituan and Trip.com build membership programs for independent hotels.
Trip.com Group invests in airport service app iSkytrip
06/02/2020|3:31:45 PM|
This is not the first time that the Chinese OTA has expanded into airport-related services.
Hong Kong regulator accepts OTA giants' pledge to drop rate parity
05/14/2020|2:38:21 PM|
Booking.com, Expedia and Trip.com Group have vowed to remove their rate-parity contract terms with accommodation providers in Hong Kong.
Trip.com Group buys OTA Travix; Tuniu receives Nasdaq compliance warning | Daily Brief
05/23/2020|11:46:32 AM|
The hotel sector is heavily impacted by COVID-19 and brands could lose up to USD 14 billion of cumulative brand value; China dismisses suspending applications for private passports as a rumor.
OTA denies mass layoffs; Klook lets go of hundreds | Daily Brief
04/21/2020|11:04:52 PM|
Tongcheng Group will merge Hongtu Airlines, Tongcheng International Travel Service and Tongcheng Travel into a new company called Tongcheng Aviation & Travel; China's airline market could see further consolidation.
Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
05/21/2020|5:16:44 PM|
Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
Tencent-backed OTA reports a 43.6% drop in Q1 revenue
05/21/2020|5:34:42 PM|
Net revenue is expected to decrease by 24% to 29% for the second quarter this year.
Shanghai Disney testing parade for reopening; Klook furloughs hundreds | Weekly Review
04/25/2020|6:12:10 PM|
Parent of Chinese OTA Tongcheng-Elong denied speculation about mass layoffs; A study finds COVID-19 will dent China's total tourism income by a third this year.
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