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Traveloka nears fundraising at lower valuation
07/08/2020
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6:39:41 PM
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The Jakarta-based firm is in advanced negotiations with investors to secure about USD 250 million.
Trip.com Group’s acquisition of Travix hints at appeal of smaller OTA
05/22/2020
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11:50:33 AM
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Trip.com Group may have decided that it was easier to acquire Travix, which has loyal customers in niche segments, than to compete with Travix via its Trip brand.
The state of travel in APAC identifying trends to prepare for the road ahead
05/28/2020
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12:23:22 PM
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With consumer behaviors and expectations changing rapidly, travel companies need to adjust their strategies to meet consumers’ needs in meaningful ways.
Trip.com Group: Tourism leaders still long for China’s outbound travelers
06/24/2020
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5:54:00 PM
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Close to 150 million outbound trips by Chinese were recorded in 2018.
Amazon may not be able to resist the lure of online travel
05/16/2019
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10:51:26 AM
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Amazon's move into online travel business could give it a baseline $600 million profit on an annual basis. With better ad marketing efficiency, the profit level could jump to as high as $1.5 billion.
Google on why consumers like to know more before they travel
07/24/2018
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9:41:34 AM
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Google says that building anticipation, boosting confidence around traveling to somewhere new and stretching budgets are the primary drivers for consumers wanting to know more before they go.
Sabre’s major restructuring includes cutting 800 more jobs
06/05/2020
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4:26:51 PM
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Sabre needs to focus on providing “retailing, distribution, and fulfillment” services to airlines and hotels.
Canton Fair will go digital; IATA allows airline refunds in coupons | Daily Brief
04/09/2020
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2:41:47 AM
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The 127th Canton Fair will take place in mid to late June and be hosted online to prevent the spread of coronavirus; Wuhan airport re-opens to host 233 flights today.
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