The strategic shake-up of OTA giants will further intensify competition in the evolving market landscape.
The Shanghai-based company also unveiled its "Accelerated Growth Goal" of establishing a global hotel network in the next five years.
Mafengwo looks forward to assisting Malaysian tourism industry players by creating a richer online content resource for Chinese travelers.
OYO’s Asia-Pacific portfolio covers 952,495 rooms and as of June, the company had 500,000 rooms across 10,000 hotels in China alone.
Thomas Cook collapsed after an ambitious expansion plan to compete with online travel agencies. Ironically, it is being reported that the relaunched Thomas Cook will be an online-only agency.
WeChat has launched a new service that enables overseas tourists to get a digital refund tax as the latest application of financial technology in various sectors.
The strategic cooperation offers hoteliers a complete solution to monitor and distribute their images and multilingual text in over 24 available languages.
Staying on top of the trends should be easy as information is readily available, but travel brands need to dig deeper into their values and motivation on travel booking.
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