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Search results for “price-cutting”
Social e-commerce platform Pinduoduo adds flight booking service
06/02/2020
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4:55:47 PM
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Profitability is not the only challenge that Pinduoduo will have to face, as China’s online travel market is already very crowded.
Journera nabs $11.6 million to move its tech platform into growth stage
06/11/2020
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4:42:21 PM
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The commitment from investors shows they continue to recognize the value in combining data from the entire travel journey to improve the customer experience.
Caissa Travel suspends purchase of Tuniu shares from JD.com
06/01/2020
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10:01:08 AM
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If Caissa Travel buys Tuniu shares as planned, it will possibly assume a heavy financial burden and take the risk of not getting returns in the long term.
Booking loses $130M in selling Trip.com stake; Hyatt occupancy rises in China | Daily Brief
05/09/2020
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12:19:14 AM
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45% of Chinese travelers plan to visit Vietnam this year; Hyatt Hotels' occupancy in Greater China have gradually improved.
Futurestay announces $2.4M venture round
05/07/2020
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1:42:58 PM
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The company’s bookings have dropped by about 85% due to the COVID-19, but it continues to increase by about 3,000 properties per month.
China’s duty-free sector to retain price advantage after July customs cuts
06/07/2018
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10:23:53 AM
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CITS posted duty-free sales of RMB 14.9 billion in 2017, up nearly 70% annually. China Duty Free Group contributed close to 40% of CITS' total income in 2017.
Disney theme parks face USD 21 billion loss through 2022, analysts warn
05/11/2020
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7:14:04 PM
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To put that mind-boggling loss into perspective, that’s enough to pay for Shanghai Disneyland four times over.
Flight Plan 2020: How travel will be different a few months from now
04/21/2020
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6:11:23 PM
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The travel industry no longer represents an opportunity for quick profits.
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