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ChinaTravelNews annual roundup: Major events of year 2017
12/18/2017
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2:15:13 PM
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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...
Ctrip opens up data and cross-platform synergies for destination marketing
10/25/2017
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7:52:48 AM
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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.
The disappointing life of hotel industry booking site Room Key
07/12/2016
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10:33:19 AM
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Room Key, launched in January 2012, is the brainchild of six major hotel chains. However, it turns out to be a disappointment due to unreasonable profit model, limited marketing budget and pop-under ads.
HNA Group extends European foray in deal with forex provider ICE
04/21/2016
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6:59:42 PM
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HNA Tourism has agreed to buy global foreign exchange specialist ICE, from UK-based investment holding company Lenlyn Holdings Limited for an undisclosed fee
Measuring Airbnb’s Real Threat to U.S. Hotels Using Industry Metrics
02/04/2016
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12:57:27 AM
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According to a report released by CBRE, Airbnb grows faster in American smaller and emerging markets while it exerts greater influence in large American markets.
Shanghai Disneyland targets high-consuming middle-class families
02/24/2016
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8:29:14 AM
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Shanghai Disneyland Resort is eyeing the high-consuming middle-class families whose consumption will also benefit real estate development, aviation, railways and highways in the vicinity.
Ecommerce growth stands out for carriers, but what about customer ownership?
01/06/2016
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12:58:51 PM
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E-commerce as a component of overall direct sales for major airlines is growing rapidly in China. But airlines aren’t just blindly targeting online traffic from all sources, as it emerged with leading carriers deciding to end their respective flagship store association with Qunar.
Is IHG the next hotel chain to be taken over? Are we seeing a domino effect?
12/04/2015
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3:14:52 PM
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The current value of IHG is about UK Pounds 5.8 billion. Less then what Marriott is reported to be paying for Starwood which is US $ 12.2 Billion.
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