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Online travel platforms need more regulation
Despite the success, some OTA platforms lack transparency in terms of information disclosure and find it hard to manage some contracted travel agencies with malpractices.
10 years on, airlines begin to see the benefits of inflight WiFi
Over 70 airlines worldwide offer this service in most regions globally. JetBlue CIO said its FlyFi inflight connectivity product has proven extremely popular, boosting the airline’s Net Promoter Score.
TravelSky revenue rises 14.3% to 3.12 billion yuan in H1 2017
Total revenue amounted to RMB 3,123.5 million in the first six months this year, up 14.3%. Some 410.3 million transactions and 172.9 million BSP tickets were processed with its self-developed systems.
The next 10 years of airline distribution
A decade from now, revenue passenger miles are forecasted to grow by 30% by 2027, the number of aircraft in operation is likely to grow by the same factor, and airlines will have to become sophisticated retailers.
ClaimCompass, VariFlight join to help with compensation in flight disruption
Flight compensation platform ClaimCompass joins forces with VariFlight, a global leading aviation data service provider, to help the passengers get their money back when the flights are disrupted.
Hospitality crowdfunding platform Kaistart raises $29 million C round financing
Yunfeng Capital, a Chinese private equity firm co-founded by Alibaba’s chief Jack Ma, has led a $29 million round in Kaistart, a Chinese restaurant and hospitality crowdfunding platform.
Could Google become the dominant force in hospitality?
Google and Booking know more about the customer than hotels do. However, the cost, time and resources a hotel can put into this versus what Google can do is a David-Goliath scenario.
MakeMyTrip revenue increases 54.6% in 1Q 2018
For the first fiscal quarter ended June 30, 2017, revenue increased 54.6% YoY in 1Q18 to $192.1 million; revenue from hotels and packages business increased by 40.8% (37.3% in constant currency) to $134.6 million.
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