Search results for “MakeMyTrip”
Travel advertising trends in Asia Pacific
In Asia Pacific the top three challenges for travel marketers are driving direct bookings, achieving ROI for advertising and targeting travelers during a specific purchase point .
Outbound travel can contribute up to 50% of revenue in 5-10 years: Ctrip CEO
The online travel company is optimistic about driving both revenue growth and margin expansion by leveraging large market scale.
Ctrip's net revenue increases 21% to $1.2 billion in Q1 2019
Revenue of accommodation reservation, transportation ticketing, packaged-tour and corporate travel revenue increased by 21%, 16%, 25%, 32% separately in Q1 2019.
TUI plans to take on local online booking players with $1 billion revenue goal
In the new markets, TUI will ape online travel agencies, selling dynamic packages with the aim of getting to one million customers and $1.1 billion in revenue by 2022.
Fosun venture capital invests in Israeli booking site Splitty
Chinese investment firm Fosun RZ Capital led a $6.75 million series A investment round in Splitty, a hotel booking startup based in Israel.
Booking Holdings holds 8% and Baidu holds 19% equity of Ctrip in 2018
Total revenues grew from RMB7.8 billion in 2014 to RMB31.1 billion (US$4.5 billion) in 2018, representing a compound annual growth rate of 41.4%.
Ebix offers to acquire Yatra for $336 mn to boost travel portfolio
Ebix said it might reduce its offer if it does not receive a positive response from Yatra 's board.
Fosun Tourism wishes global families to “take a FOLIDAY, instead of a holiday”
With differentiated brands, products and customers, the Chairman and CEO of Fosun Tourism sees more synergy than competition.
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