Search results for “asset sale”
Are Chinese carriers ready for "real" interlining?
05/17/2019|12:02:15 PM|
Real interlining, as operated by a group of carriers in the Asia Pacific region, is about B2C distribution. As a technology company associated with this concept, Air Black Box indicates that there are two challenges that Chinese airlines need to overcome to make it a possibility.
Foreign airlines start counting on TravelSky to modernize distribution
12/04/2020|8:02:51 AM|
Finnair recently chose to modernize its airline product sales using NDC with TravelSky. The airline asserts that by using this XML data standard it can better communicate the value of its offers via the indirect channel.
OYO China CFO: We’ll have clear models for hotel operation and profitability
03/04/2019|8:57:29 AM|
"We know that speed, manpower efficiency and scalability are equally important. What’s not going to happen this year is that we will only manage to keep 5,000 of the 10,000 hotels we signed in 2018."
Fosun Tourism wishes global families to “take a FOLIDAY, instead of a holiday”
03/06/2019|5:28:20 PM|
With differentiated brands, products and customers, the Chairman and CEO of Fosun Tourism sees more synergy than competition.
China Southern sells 5.01% stake in TravelSky to China Mobile
12/17/2018|5:22:57 PM|
After selling its 5.01% stake in TravelSky to China Mobile, Southern Holding will have its stake in TravelSky reduced to 9.18% and cease to be a substantial shareholder of the company.
Wanda reinstates its hotel ambition with Wanda Moments brand
12/04/2018|9:05:53 AM|
Wanda Hotels & Resorts has been heading towards being asset-light following a blockbuster deal in July 2017 that changed its asset portfolio.
Wanda unveils mid-end hotel brand, Shangri-La ties up with Klook, and more
12/10/2018|11:54:46 AM|
Visa-free entry to the EU may add €12.5 billion more tourism spending from Chinese visitors every year. Budget airlines in China are actively growing ancillary revenues, while state-owned carriers only provide prepaid seat selection options for international flights.
Short-haul tours provider 55 km nets millions of yuan in angel funding round
11/29/2018|4:47:29 PM|
The company believes the keys to boost sales lie in traffic conversion, product selection and travel safety.
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