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Search results for “overbooking”
What should the travel industry understand about China in 2019?
02/05/2019
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6:54:57 PM
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Cities are the primary attraction for Chinese outbound travelers. Nearly 92% of total Chinese outbound travel spending is received by major global cities.
Sino-US travel hit by trade war, Tencent to buy $400m stake in Meituan IPO, and more
09/03/2018
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10:51:01 AM
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Chinese tourists to Russia increased by 150% in January-July 2018. Weekly travel bookings from China to the US dropped by 8.4%. Meituan is to go public in Hong Kong on Sept. 20, and Tencent plans to buy $400 million worth of shares in the IPO.
All you need to know about hotel guest loyalty
01/18/2019
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3:43:55 PM
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There’s a lot of talk in the travel industry these days that travelers aren’t loyal to hotel brands anymore; it’s all about price and perks. But is this really true? Does hotel guest loyalty exist without paying for it—and if so, how?
Hotels: A flexible future?
10/30/2018
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3:42:11 PM
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A Hilton spokesperson said: “The new pricing structure will provide added flexibility for those who want it and cost-savings for those who do not require the flexibility to change their reservations.”
Attractions move slowly to SaaS, distribution demand keeps growing
11/23/2018
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5:31:05 PM
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On average, distribution can account for 20%-40% of attraction sales. Online resellers in particular are making big investments in marketing to acquire more market share.
Ctrip unfazed by macro uncertainty, rather primed for further growth
11/12/2018
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3:54:18 PM
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Asserting that Ctrip historically has outpaced China's GDP growth by a factor of four, the senior management believes the future remains bright, bolstered by robust position in the domestic market and ability to capitalize on opportunities presented by globalization.
Booking Holdings makes major pivot toward merchant hotel bookings
11/06/2018
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3:41:41 PM
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Booking Holdings is pivoting to emphasize the prepaid hotel model that its Booking.com unit basically spurned for most of its history. This means better cash flow and higher commissions.
Facebook releases “Travel Marketing Playbook”
11/02/2018
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8:17:19 PM
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According to Facebook, over 10 billion messages are sent each month globally, making conversational commerce one of the biggest emerging trends in 2019.
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