Search results for “Trips”
Ctrip-backed CME to buy 35% stake in Mind Letu for RMB 16.7 million
12/20/2017|9:25:44 AM|
Mind Letu will be transformed after the acquisition to create synergy in the demand-supply chain of research and study trips and customer acquisition channels so as to enhance its competitiveness.
AI provider Babel Technology raises $4.5 million, valued at $45 million
12/22/2017|2:06:27 PM|
Babel Technology, a high-tech company that aims at providing interpretation across languages with artificial intelligence, has raised RMB 30 million (around $4.5 million).
TravelSky sharpens retailing offering with new PSS + e-commerce system
01/04/2018|9:23:10 AM|
TravelSky has come up with a Passenger Retailing System for medium- and small-sized carriers, stepping up its basket of offerings as we foray into 2018.
China’s domestic & inbound tourism to gross over $795 billion in 2017
12/25/2017|9:11:04 AM|
Statistics show that domestic and inbound tourism in China will generate traffic exceeding 5.1 billion in 2017 and total revenue of over $795 billion, contributing more than 10% to GDP and employment.
Key to targeting “second wallet” – ascertain the style of travel
11/13/2017|10:29:42 AM|
A layer of intelligence that can ascertain an individual or a family’s way of travelling or intent is key to monetising the traffic. This is a key reason why Ctrip has chosen to acquire the US-based Trip.com.
Is NDC disrupting distribution status quo in China? Not that easy
12/17/2017|7:51:45 AM|
There have been certain direct connectivity deals featuring Emirates, Lufthansa etc. but disturbing China's distribution status quo hasn’t been easy considering the strong position of TravelSky.
31% business travelers from APAC contact families while on road
11/21/2017|10:24:47 AM|
Only one-third (31%) of travelers from APAC contact their families when on business trips, compared with half of business travelers from the Americas and around a quarter (27%) of Europeans.
China’s tourism contributes more than 10% to GDP and employment
11/21/2017|4:56:51 PM|
According to CNTA, the total revenue in tourism increased by 13.6% to RMB 4.69 trillion, and the tourism industry in China has contributed RMB 8.19 trillion or 11.01% to GDP in 2016.
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