Search results for “OTA”
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.
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.
Suppliers, beware: A threat lurks in tours and activities distribution
08/06/2019|5:34:00 PM|
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.
MakeMyTrip narrows operating losses after growth across air, hotels and bus divisions
07/31/2019|11:30:15 AM|
MakeMyTrip reported gross bookings up 24% to $1.7 billion for the quarter ended June 30, 2019, and adjusted revenue up 21% to $198.5 million.
Foreign hotels open to diversifying distribution mix in China
07/30/2019|6:13:44 PM|
Mini programs on Taobao, shopping links on Douyin…the new developments exemplify how exciting is China's ever-evolving e-commerce. And foreign hotel companies are increasingly trying to be a part of that.
Traveloka is in talks to raise USD 500 million new funding
07/30/2019|11:38:29 AM|
This new investment could value Traveloka at USD 4.5 billion, according to the report. The company is said to utilize the fresh funds to expand its services in the region.
China’s online vacation booking maintains upward momentum
07/27/2019|6:27:43 PM|
From 2012 to 2018, the compound growth rate of online booking of vacation travel increased 42.97%, slightly higher than the 41.76% of the overall travel booking on the Internet.
Expedia Q2 reports 9% growth both in gross booking and total revenue
07/26/2019|7:24:50 AM|
Gross bookings increased 9% year-over-year to USD $28.3 billion. Revenue increased 9% to $3.2 billion.
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