The Priceline Group’s purchase of Momondo for USD 550 million represents the newly appointed Glenn Fogel’s opening strategic move since becoming CEO in January of this year.
At a time when other global hotel companies are adding new brands, InterContinental Hotels Group is focused on working with the brands it already has.
Chinese travelers will make more than 5 billion trips in 2017 and spend over RMB 5 trillion (USD 727 billion) in the year, projected CNTA.
The European Union is preparing activities for the forthcoming EU-China Tourism Year. The decision to christen Europe as the first partner destination for the ITB China event is such initiative.
InterContinental Hotels Group‘s 2016 financials show that bookings via its direct channels are up 5% year-on-year.
China's air passenger trips rose 11.8% YoY to 487.8 million in 2016, according to data from the Civil Aviation Administration of China (CAAC).
Departure Lounge, a non-traditional travel agency, is an upscale meeting place that hosts corporate happy hours, wedding receptions and memorial gatherings.
Experiences will become a selling factor for hotels and new easy-to-adopt technology will emerge and hotels will embrace it quicker in 2017.
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