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Search results for “business-model changes”
Online travel company Tongcheng-Elong reports 61% rise in Q1 revenue
05/17/2021
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4:56:19 PM
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Monthly active users increased by 57.8% year-to-year to 234.2 million.
Newer planes are providing airlines a trove of useful data
04/28/2021
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6:14:37 PM
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During the pandemic, older aircraft have been retired, resulting in a fleet that can collect more information about emissions and safety.
Air France-KLM joins airlines getting ahead of fare wars by mimicking Uber
04/01/2021
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2:19:32 PM
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For decades, most large airlines have used the same, rigid approach to pricing their tickets. But they now want to break free of the old ways. Will travel agents play along?
Travel sector eyes consumers from lower-cities in China
04/13/2021
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11:25:41 AM
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The travel sector is counting on consumers from lower-tier cities as a vital cog for not only revenue generation in the short-term, but also as a growth engine for the future.
Major Chinese OTA Tongcheng-Elong sees "continuing robust recovery trend" in Q4
03/23/2021
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5:55:54 PM
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The company's average monthly paying users increased by 5.9% year-to-year to 28.7 million in Q4 2020, but average monthly active users decreased by 4.8% to 196.0 million.
Chinese travellers: back on the road?
04/02/2021
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6:07:05 PM
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The Chinese luxury consumer’s enthusiasm for global travel stuttered to a halt during the pandemic. Signs are it could pick up again soon, starting with the Asia-Pacific region.
How can your property emerge as a winner in 2021?
04/02/2021
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5:37:18 PM
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Many hoteliers are continuing with shortsighted budgeting decisions in 2021, without considering the long-term implications.
Marriott refines development strategy in China, focusing on “brand+destination”
03/05/2021
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11:32:50 AM
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Marriott plans to open 60 or more hotels in China this year.
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