Search results for “McKinsey”
Why does the financial community not value digital innovation at airlines?
03/21/2019|5:15:25 PM|
According to recently published research in HBR, financial markets reward “growth” companies for investment in digital technology, but actively punish more mature, steadily profitable firms for the same.
Matrix Partners invests more money in SaaS startup ITILITE
01/18/2019|5:13:36 PM|
ITILITE offers a SaaS platform that helps companies reduce travel costs and improve booking experience by giving incentives to employees to save on their travel expense.
Vacasa buys Oasis Collections, unseats Wyndham as top vacation rental company
10/10/2018|5:37:45 PM|
According to Vacasa, the deal moves the Portland-based business ahead of Wyndham Vacation Rentals as the largest vacation rental company in North America with 10,600 properties.
Mapping the travel sector’s recovery
01/29/2021|5:45:50 PM|
In all of these markets, new and old, providers’ agility and speed when adopting digital channels has been crucial.
China hotels to gross $796 billion in 2018 in accommodation and F&B services
04/13/2018|5:54:46 PM|
Hotel report projects that China’s hotel industry will gross RMB 5 trillion from accommodation and F&B services in 2018. Jinjiang, BTG Homeinns and HUAZHU have been identified as the three biggest hotel groups.
The trouble with travel distribution: Customer experience
03/02/2017|7:51:01 PM|
In the 2000s, most travel suppliers, aggregators, and service providers focused on managing transaction costs rather than improving the customer experience.
Chinese outbound travel to reach 200 million departures by 2020
11/03/2017|11:08:32 AM|
The boom in Chinese outbound travel is set to keep on going, according to data from ForwardKeys, which helps forecast future travel by analyzing around 17 million flight booking transactions a day.
Savvy Chinese consumers will shape future of travel
10/12/2017|3:34:35 PM|
New report says Chinese travel consumers are far ahead of curve compared to the rest of the world, living in a predominantly mobile society, favoring on-the-go payment solutions and online shopping.
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