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Search results for “compensation”
Chinese travelers purchasing outbound travel insurance grow by 20% in 2018
02/14/2019
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5:43:34 PM
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46 per cent of travel insurance payouts for Chinese travellers were for compensation for changes to travel schedules, 35 per cent were for travel delays and 15 per cent were to cover the cost of medical care.
All you need to know about hotel guest loyalty
01/18/2019
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3:43:55 PM
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There’s a lot of talk in the travel industry these days that travelers aren’t loyal to hotel brands anymore; it’s all about price and perks. But is this really true? Does hotel guest loyalty exist without paying for it—and if so, how?
Consumer air travel grew 5.9% in 2018
01/16/2019
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2:43:41 PM
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Growth in Asia Pacific, at 9.6%, was more than three times stronger than the Middle East (2.8%). The second-best performing region was Europe at 5.8%. Flight departures from Africa grew by 5.2% and from the Americas by 4.4%.
Hotel revenue management: solutions, best practices, revenue manager’s role
01/06/2019
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11:20:51 AM
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While revenue management is focused on the whole revenue of a business, including ancillary revenue and spending, yield management focuses on the price and the volume of sales.
Ctrip's Q3 net revenue increases by 15% year-on-year
11/08/2018
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11:57:33 AM
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Ctrip's accommodation reservation revenue for the third quarter of 2018 increased 21% to $528 million, transportation ticketing revenue rose 6% to $527 million.
Tuniu Q3 net revenues drop by 5.3% to $111.1 million
11/27/2018
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6:45:53 PM
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Revenues from packaged tours were $92.1 million in the third quarter of 2018, representing a year-over-year increase of 4.7% from the corresponding period in 2017.
Huazhu net revenue rises 15.9% to $403 million, net income up 44% in Q3
11/16/2018
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10:00:55 AM
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As of September 30, 2018, the number of hotel rooms in operation totaled 409,516, an increase of 9.9% from a year ago. Income from operations increased 32.9% year-over-year to $112.8 million for Q3.
Ctrip upgrades hotel booking cancellation policy across 100,000 hotels
10/31/2018
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5:30:46 PM
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Ctrip will add other measures to optimize booking cancellation down the road.
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