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China issues travel warning, Qunar eyes IPO and more this week
01/10/2020
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3:00:31 PM
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Major Chinese airlines canceled direct flights to Iran or re-route other flights to avoid the airspaces of Iran and Iraq; UnionPay has attracted 28.5 million merchants outside of mainland China.
Chatbot service provider TravelFlan completes $7 million funding
12/23/2019
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10:26:23 AM
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TravelFlan claims to be working with 100-plus travel content and product suppliers including Klook, Marriot and Tuniu.
Trivago's total revenue decreases to €250.3 million
11/05/2019
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9:45:00 PM
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Net income in the third quarter of 2019 was €0.3 million and adjusted EBITDA was €10.9 million.
Trip.com Group eyes TripAdvisor’s valuable assets via new pact
11/07/2019
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6:24:30 PM
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The group has taken this initiative to strengthen the overall trip planning tools that its brands have to offer, and in doing so also intends to propel the growth of its key brands, Trip.com and Skyscanner.
Priceline rethinks digital advertising in favor of TV
11/07/2017
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4:00:22 PM
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Priceline plans to ramp up brands marketing spending on TV and reduce digital marketing spending. Estimation shows Priceline’s digital ad spend in 2017 could reach $4.3 billion.
Expedia Q3 reports 9% growth both in gross booking and total revenue
11/07/2019
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9:52:56 AM
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Gross bookings and revenue both increased by 9% to $26.9 billion and $3.6 billion separately. Total stayed lodging room nights increased by 11%.
WeChat Alliance launched to connect global destinations with Chinese travelers
12/03/2019
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2:50:54 PM
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The WeChat Alliance initiative comprises four programs: Destination Service Digitalization, Industry Growth Workshop, Industry Growth Fund and Alliance Summit.
Tencent-backed OTA Tongcheng reports 124.9 million MAUs in Q3
11/25/2019
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5:59:02 PM
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Lodging revenue rose 34.5% to RMB693.7 million in the third quarter, while transportation revenue climbed 1.6% to RMB1,139.6 million.
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