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Search results for “incubator”
Ctrip embarks on hotel operation, Xiaozhu gets $300 million funding, and more
10/18/2018
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8:22:02 AM
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High-speed railway passenger volume increased by more than 50% year-on-year during China’s National Day holiday, Airbnb rival Xiaozhu has pocketed $300 million for beefing up security and services.
Airbus: China will need over 7,400 new aircraft by 2037
11/08/2018
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8:59:37 AM
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China will become the lead country for passenger air traffic, for both domestic and international markets as passenger traffic for routes connecting China are forecast to grow well above the world average, at 6.3% over the next 20 years.
Ctrip upgrades hotel booking cancellation policy across 100,000 hotels
10/31/2018
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5:30:46 PM
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Ctrip will add other measures to optimize booking cancellation down the road.
Major Chinese airlines report drop in profits due to currency depreciation and rising costs
10/31/2018
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3:43:52 PM
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China Eastern Airlines reported a 38% drop in net profit for in the third quarter. Hainan Airlines saw a 90% year-on-year tumble in operating profit to $33.5 million.
Google launches Touring Bird with 25,000 experiences in 20 cities
09/11/2018
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10:51:57 AM
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The build-your-own-package feature of Touring Bird lets users customize and compare options across major providers, including Viator, GetYourGuide and Expedia.
Travelport becomes first GDS operator to offer NDC content
10/24/2018
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11:13:45 AM
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Travelport published a Roadmap for its initial range of NDC products in February, having been the first GDS operator in December 2017 to acquire Level 3 certification from IATA as an aggregator.
How Lufthansa Innovation Hub is targeting travel and mobility tech space in China?
07/24/2018
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7:50:34 AM
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China alone garnered 55% ($14 billion) of the global VC in the travel and mobility tech category last year. Lufthansa Group’s central digitization unit’s Managing Director, Gleb Tritus says if one would like to understand how we will get from A to B in the future, especially in the urban context, China is the right place to be.
Ctrip pushes on, global brands and lessons learnt in China and holy places
09/27/2018
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11:47:11 AM
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Growth is slowing, but travel players remain bullish; competition is rising, but incumbents remain bold; the big are getting bigger, but the small are undaunted.
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