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Expedia reports Q4 and FY2015 results

On February 10 Expedia announced financial results for the fourth quarter and full year 2015 with its gross bookings increased 40% and revenue increased 29% year-over-year in the fourth quarter of 2015.

02/11/2016|5:57:39 PM|ChinaTravelNews

Joyu Group captures RMB 800 million funding to kickstart crossover of drama IP with travel and internet

Joyu Group has gained RMB 800 million funding from a group of investors including Huace Film & TV on February 4. The deal will kickstart a new era for crossover collaboration between China’s movie and tv show giants and tourism destination operators.

02/05/2016|6:44:01 PM|ChinaTravelNews

TravelDaily China will present on ITB Berlin

As the strategic partner of ITB, TravelDaily will also be exhibiting at the trade show, and organize various events focusing on China’s outbound travel and the change of consumer behavior.

02/11/2016|6:23:48 PM|ChinaTravelNews

Expedia sees a bright future in China

Expedia has a two-fold approach for each and every market. Firstly, building own brands organically and secondly, partnering with strong local brands. Currently,the company is looking at optimizing marketing mix, looking at new payment options other than Alipay and also sharpening hotel content via contracting as well as tie-ups with local OTAs.

02/01/2016|11:41:47 AM|ChinaTravelNews

The game of hotel contracting – are foreign OTAs playing it right?

Domestic OTAs have massive lead over their counterparts from abroad in hotel business, be in terms of geographical coverage, number of properties, and volume of business.

01/30/2016|11:43:47 AM|ChinaTravelNews

MakeMyTrip FY16Q3: hotels and packages bookings up by 150%

In its unaudited Q3 result, MakeMyTrip's gross bookings reached $455.2 million with transactions for hotels and packages increased by 148.2% YoY.

01/29/2016|10:29:54 PM|ChinaTravelNews

Counting on flight data to offer top-notch flyer experience

OAG has already developped analytics and schedules offerings. The company's CEO Phil Callow believed that carriers and OTAs need to help passengers to know flight schedule so as to reduce passenger re-bookings and better customer service.

01/30/2016|11:45:05 AM|ChinaTravelNews

Mark your calendar for 2016 TravelDaily Events

In 2015, TravelDaily has been on the go too, having launched HMC, CADC, TDC and other events. Now take a look at the calendar for upcoming events in the new year!

03/29/2016|3:33:27 PM|ChinaTravelNews
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