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.
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.
Hotelbeds now offers hotels larger and wider range of travel buying intermediaries of more than 60,000 worldwide.
ChinaTravelNews is a wholly owned subsidiary of
©2018 TravelDaily Inc.