Gaw Capital Partners and some realty firms may be among those backing the naked Group unit.
China Civil Aviation probably handled 549 million person-times in 2017, with a year-on-year growth of 12.6 percent, and is expected to reach 612 million person-times in 2018.
The number of foreign tourists flying to and from China on Qantas rising 260%, from 123,800 to 445,000 between 2007 and 2016.
Viewership in China saw more than 59 million people tune in to watch the Australian Open in 2017, an increase of 84% from 2016.
It has hired JP Morgan and Benedetto, Gartland & Co to scout for potential buyers.
The market potential for enterprise customized travel service is huge and might take about half of the overall customized tourism market share soon, according to Ctrip's executive.
Ant Financial has taken a 20 percent stake in OpenRice, Hong Kong's most popular online restaurant database and review service.
Diversity is one of the five core values WIT is celebrating with its theme of “Better Hospitality”. The other four values are Love, Openness, Respect and Creativity.
Chatbots and voice assistants will go mainstream this year. Since 1987, the share of consumer spending on live experiences and events relative to total U.S. consumer spending increased 70%.
Airbnb's expansion into a full-fledged travel company might be sooner than some think.
Consumer technology is the bellwether for enterprise. Are those buzzwords such as AI, VR, 5G, robots, drones, biometrics what we truly want in the future?
MagicStay says it already provides 150,000 apartments in 90 countries since its inception four years ago.
This certainly won’t be the first or last acquisition we can expect to see in the hospitality industry.
The top 5 carriers comprise of Allegiant Air, EasyJet, Delta, Ryanair and GOL.
The new structure covers the functions of commercial strategy, strategic partnerships, global business services, product management, retail travel agencies, wholesale and sourcing.
Disruption of rate parity with innovative technologies seems to be a new threat, but it can also bring hotel companies new mindset for revenue management.
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