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Travel management startup Z-Trip gains millions of US dollars funding
07/29/2021|11:41:06 AM|
The company received USD 14 million only three months ago.
NDC in China progresses slowly, limited by market constraints
10/06/2019|7:31:01 PM|
NDC technology is being developed but it will be some time before there is widespread adoption by Chinese airlines and other players.
Fliggy thrives on might of Alibaba ecosystem
10/21/2019|8:48:47 AM|
Alibaba’s China retail marketplaces had 755 million MAUs in June 2019. This userbase is being constantly exposed to Fliggy as a part of cross-selling tactics.
Travelport’s CEO ready to look beyond the air segment in China
10/11/2019|9:43:18 AM|
Recently appointed CEO, Greg Webb, has indicated that Travelport may move into the hospitality space and some of the other components as opposed to focusing only on the airline side going forward.
Annual wrap-up: 12 major travel news events in 2019
12/26/2019|4:42:58 PM|
Buoyed by technological innovations and transformation in consumer demands, the travel sector has soared despite turbulence in the year.
China accounts for nearly 60% of OYO's annual losses
02/18/2020|2:13:03 PM|
International markets including China contributed to USD 252 million (75%) of the USD 335 million losses for FY2019, while these markets constituted only 36.5% of the global revenues.
Intelligent hotel solution provider Xiezhu Technology lands $37 million funding
01/10/2020|10:48:30 AM|
The company’s solutions are used by 8,000 hotels in China and have helped upgrade 350,000 rooms.
Travelport becomes sole GDS provider of Air India’s domestic flight content in India
01/09/2020|6:27:17 PM|
The contract, which was awarded to Travelport following a competitive bidding process, came into effect in November 2018 and was fully implemented as of 1 January 2020.
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