Search results for “New Year”
Suppliers, beware: A threat lurks in tours and activities distribution
Tour operators usually rely on a wide range of distribution partners, and tour operators take on a huge risk by handing over all their data and distribution power to a single OTA.
Fever raises $35M to accelerate growth of experience booking tool
Existing investor Atresmedia and Michael Zeisser, the former chairman of U.S. investments for Alibaba Group, also participated in the financing.
HOTELS 325: Jin Jiang becomes global No. 2 hotel group, OYO ranks 8th
Marriott holds onto the top spot and Hilton dipped to No. 3 behind Jin Jiang, which leaped up the ranking after its acquisition of Radisson Hotel Group adding almost 200,000 rooms.
Hotel monitor 2020 forecasts modest rate rises in the world’s key business centres
Despite the added capacity, the sustained demand in Asia Pacific means rates are likely to increase. For example, Bangalore and Tokyo will see rates increase by 5% and 4%, respectively.
C919 on track for commercial debut in 2021
The progress indicates that the C919 will speed up its work in getting airworthiness certification, an industry expert said.
Amadeus revenue increases 14.4% in H1
Amadeus' revenue increased 14.4% to €2,833.6 million; EBITDA expanded 10.7% to €1,193.4 million; and adjusted profit increased 9.9% to €666.7 million.
Wyndham plans to open 500 hotels in China in the next three years
In Greater China, Wyndham Hotels is the largest international franchisor, with more than 1,500 properties and 149,000 rooms in its franchised system.
Marriott’s Alibaba joint venture in China is part of its direct-booking strategy
Marriott could do a lot worse than tying its fortunes in China to the e-commerce juggernaut Alibaba.
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