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OTAs, margins and supply - lessons for tours and activities from battles elsewhere
08/08/2019|9:16:17 PM|
At the destination level, more stringent licensing for tour sellers and coordination with attractions could help optimize revenue for operators.
Hong Kong start-up Tink Labs ends Handy smartphone service to nearly all markets
08/08/2019|7:37:49 PM|
Handy at one point had its devices in over 82 countries and 600,000 hotel rooms.
Chinese spreading their wings: the lure of long haul travel
08/08/2019|7:10:18 PM|
The full year in 2018 saw over 672,000 Chinese visitors arriving in the UAE and 1 million in the UK.
TripAdvisor hotel revenue down by 9%, adjusted EBITDA up by 17%
08/08/2019|2:40:49 PM|
Total revenue was $422 million, or 3% decrease year-over-year. Total Adjusted EBITDA was $128 million, an increase of 17% year-over-year.
Booking Holdings sees 11.8% growth in room nights, 5% rise in gross bookings
08/08/2019|7:22:33 AM|
Total revenues were $3.9 billion, a 9% increase from the prior year while net income was in line with the prior year at $979 million.
Ctrip and Sicily boost tourism co-operation with strategic partnership
08/07/2019|6:37:15 PM|
Ctrip has pledged to allocate its online platforms and media connections to promote Sicilian tourism destinations and unique local experiences to the Chinese high-end outbound tourism market.
UK travel tech startup Upgrade Pack gets £1.3 million in funding
08/07/2019|6:32:10 PM|
Upgrade Pack connects directly to airline and hotel APIs, enabling users to access live, premium seat and room upgrades at a typical saving of 15% to 35% through its closed online marketplace.
Shiji’s hotel tech acquisition spree: a closer look
08/07/2019|6:00:23 PM|
Since 2016, Shiji has spent $141 million on acquisitions and investments across 10 tech companies outside of China.
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