If Fosun participates, it will be via its Chinese fund, not the Indian arm
Its revenues are estimated to rise 15.4% year on year to 9.3 billion yuan.
International visitor spending hits $11 billion and highlights importance of China market.
KLOOK introduced the CCO role as part of its mission to enhance travel destination services and provide world-class travel tech solutions for merchant partners around the world.
For the first time in nearly a century, the Palace Museum, also known as the Forbidden City, opened at night on Tuesday, forming part of Beijing's Lantern Festival celebration.
Even if there are no direct air services to related destinations, Croatia had 192,000 Chinese tourists which represented growth of 53% while Iceland welcomed 66,000 tourists reported in 2017.
On March 31, HKDL will open “Ant-Man and the Wasp: Nano Battle!”, an interactive experience that forms the second installment in expansion of HKDL’s Marvel-themed area into a hub.
Chinese ride-hailing giant DiDi Chuxing is reportedly expanding in Latin America based on the job postings and a company official.
Travelport net income reached $75 million in 2018. Travel Commerce Platform revenue increased 5% to $2,454 million.
Accor spends $700 million a year on sales and marketing while Marriott spends $4 billion and Hilton more than $2.2 billion, Accor intends to catch up with what competitors spend.
IAG and Lufthansa are Air France-KLM’s biggest full-service rivals, but it also competes with low-cost carriers EasyJet and Ryanair.
WiT Indie 2019 will explore the theme of Love & Money: How to do both and be Happy, aiming to keep business owners at the center of the equation.
While revenue-management systems increasingly are calculating demand by day as well as by market segment, retail pricing hoteliers still have to take a human approach to review the competition and considering cultural events.
Using AI to generate more relevance for the consumer can reduce acquisition costs by as much as 50% while increasing revenue by 43%.
Egencia has launched Hotel Conversations and new Air and Hotel packages, its existing Travel Tracker is also getting an upgrade.
BCD Travel’s TripSource uses real-time messaging capabilities to provide travel updates such as flight delays to help travelers have a seamless, well-informed experience.
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