India is now one of the fastest growing outbound tourism markets in the world, second only to China. The UNWTO estimates that India will account for 50 Mn outbound tourists by 2020.
Lonely Planet choose to acquire rather than distributing through third parties likely has to do with LP wanting to keep its content unique, as well as acquiring ArrivalGuides’ existing customers.
Outbound visits are forecast to climb 11 percent this year to over 166 million, while inbound tourism will see about 143 million visits, up about 1 percent.
With 31 million foreign visitors entering Japan in 2018 -- among them 8 million Chinese -- Chinese-run startups in Japan face no shortage of potential customers.
D-EDGE is the European No1 and World No3 hotel distribution technology provider in hospitality. It has support teams in over 100 countries across Europe and Asia.
The company secured a strategic injection from Ctrip in January this year. It also raised tens of millions of dollars from Tencent Investment, HNA Tourism Ventures and others in September 2017.
The vacation package site suffered a nearly 30% loss in revenue in China, due in part to staffing issues and the ongoing U.S.-China trade war.
OpenSparkz is a Platform-as-a-Service startup allowing consumers to consolidate multiple loyalty and points programs into one.
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