Google was gradually ramping up the core services in the travel space with slow pace but it does propose an ongoing risk to online travel agencies and fellow metasearch engines.
Ad tech overall appears to be going through a boom-bust, gold rush cycle. Eventually, many players will filter into a few winners.
Tuniu announced its President and its CFO will resign from the company, and estimated total net revenues to be in the range of RMB 800-810 million, above previous guidance.
India, China and Indonesia have the most digitally dependent travellers, according to a recently-released “Digital Traveller” report by Travelport.
Airbnb first became profitable during the second half of 2016. Airbnb Chief Executive Officer Brian Chesky has said his company would be ready to file for an IPO next year.
France’s official limit on short-term rentals of 120 days a year for a main residence, and the decision goes into effect in January. Paris is Airbnb’s biggest single market, with 65,000 homes.
As tech’s effect on consumer behavior continues to evolve, so must companies' operational strategies. Customers’ rising expectations should be met at every point of the purchase journey.
CEOs of Priceline and Expedia emphasize the importance of alternative accommodations, global growth and hotels. Investing in Ctrip and Meituan-Dianping also shows Priceline looks highly of China.
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