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Search results for “millennial”
Chinese millennials nearly doubled travel spending in the past year
09/20/2018
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10:37:30 AM
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Fifty-nine percent of survey respondentswould like to be able to pay using a QR scan in WeChat, and 57% want vendors to enable payments via mobile phones.
Marriott CEO Arne Sorenson on the future of the hospitality industry, masks, and furloughs
07/24/2020
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3:58:41 PM
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Prior levels of business will not return until beyond 2021.
Home-sharing in China suffers 72.1% drop; Hotel giant changes directors | Daily Brief
07/24/2020
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9:50:03 AM
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China's home rental market saw a 72.1% decline in transaction volume in January-May; 45% of the APAC respondents expect to travel within the next 6 months.
Millennial and Gen Z Muslim travellers drive $180 billion online travel market
10/25/2018
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8:01:21 AM
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With an estimated 131 million Muslim visitor arrivals globally in 2017, the market is projected to continue its fast-paced growth to reach USD 300 billion in travel expenditure by 2026. More than 60% of the Muslim travel market are either millennials or Generation Z.
Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
05/21/2020
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5:16:44 PM
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Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
Indonesian capsule hotel startup Bobobox bags $11.5 million Series A funding
05/21/2020
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2:47:06 PM
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They are tapping into a sizeable market of USD 20 billion in Southeast Asia.
Millennial-dominated Chinese market to grow digital travel by 20.5% this year
08/22/2018
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11:51:48 AM
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Digital travel sales in China will total $133.90 billion in 2018, a 20.5% increase over 2017.
JA Resorts chief confident on long-term China success
05/13/2020
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7:36:47 PM
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The successful re-launch of travel in China depends on this market, and it is already happening.
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