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Boom raises $100 million to develop a supersonic airliner
01/07/2019
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2:16:13 PM
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Whether Overture's economics will prove out depends on a crucial and expensive missing element: Boom doesn’t have an engine lined up yet.
Wanda unveils mid-end hotel brand, Shangri-La ties up with Klook, and more
12/10/2018
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11:54:46 AM
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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.
Lufthansa’s digital hub launches software unit to help others sell travel better
11/14/2018
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4:04:43 PM
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Lufthansa Group has responded to digital disruption by creating a company within a company, Yilu. The group’s low-cost carrier Eurowings has already begun using the subsidiary’s tools for cross-selling taxi rides.
As airline merchandising evolves, how are OTAs upping the ante?
10/22/2018
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8:02:20 AM
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Every aspect of OTA business, right from analyzing the source of the traffic to what product to offer is becoming data-centric. The combination of cloud computing, data and analytics, machine learning etc. is set to pave way for insights that can help the likes of OTAs in their key decision-making.
Ad Tech Firm Urban Airship Raises $25 Million
06/25/2018
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11:47:50 AM
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Urban Airship, which helped Google Pay offer ticketing and boarding pass via mobile devices, raised more than $100 million in its nine-year history.
ITB China 2018 bridges China market and global tourism
05/15/2018
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4:54:11 PM
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Totally booked – exhibition space increased by 50 percent – more than 700 exhibitors from 80 countries – around 800 hand-picked buyers – 120 industry speakers at ITB China Conference.
Hyatt aims to double its revenue from China over next five years
05/30/2018
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6:02:59 PM
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Hyatt Hotels President and CEO Mark Hoplamazian says the group will double its presence in China over the next three to five years.
ITB China 2018 - a gateway to the pulse of the Chinese travelers
05/16/2018
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8:38:18 AM
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The sheer size and the potential of the Chinese outbound travel category are luring companies from all over to be a part of the second edition of the ITB China travel trade show.
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