Chinese consumers spend the most on travel products when shopping online, an average of RMB3,750 per year, according to a McKinsey report.
Expedia, Inc. announced today that it has entered into an agreement with AirAsia Berhad to purchase an additional 25% equity interest of AAE Travel Pte. Ltd.
Qunar will undercut competitors by at least 10% in all their hotel prices via cash-back promotions, adopting a new slogan “one cent hotel”.
Baidu CEO Robin Li and CFO Jennifer Li expressed a positive outlook for its Uber partnership in its February 12 phone conference.
Phoenix Travel Worldwide will make acquisitions and bolster its subsidary Global Joy while boosting its technological transition and trimming staff.
Ctrip’s biggest advantage is its branding and a one-stop service model with full responsibility for service quality throughout each sales stage.
Baidu and its Japanese partners are keen to woo Chinese travelers by offering a SIM card with shopping coupon gift service to Chinese during their stay in Japan.
Ctrip launched a travel shopping platform “Youyigou” to facilitate shopping in a wider range of travel destinations including domestic destinations.
