Search results for “spending”
Time for hotels to dig deeper post consolidation among OTAs
12/22/2015|3:33:41 PM|
2015 witnessed heavy consolidation in the OTA space in China. So what needs to be done by hotels to balance out their distribution mix?
Chinese arrivals to Korea resume double-digit growth
11/30/2015|12:28:22 AM|
Chinese visitor spending Korea has recovered from the a low point during the MERS scare and is showing strong growth once again.
Blackstone back in travel tech with $170 million IBS Software deal
12/18/2015|2:14:37 PM|
India-based travel tech firm IBS Software has confirmed that private equity giant Blackstone has invested $170 million for an undisclosed minority stake.
Outbound shopping may slow as China lowers tariffs in January
12/15/2015|11:14:12 PM|
China's Ministry of Finance has announced the lowering the tariffs for 27 types of luxury goods and daily necessities bought overseas, effective January 1, 2016.
Foreign players wary of B2C model, but B2B remains an attractive proposition
12/14/2015|6:47:51 PM|
Anyone can sell the way China’s local intermediaries have shaped up their selling platforms. It’s virtually a B2B2C model today, and foreign OTAs are keen on tapping it for outbound segment
China will invest US$77.9 billion to build 58 airports
11/26/2015|12:38:20 AM|
A total of 178 new airports are under construction in the Asia Pacific region as of June 2015 and China accounts for a third of those projects.
Devalued ruble boosts Chinese visitor numbers to Russia
12/17/2015|12:51:54 PM|
Depreciation of the Russian ruble leading to 20% drop in overall prices of Russia’s tourism products this yearand a significant increase in Chinese tourists to Russia.
Game of hotel network expansion – who is winning?
11/12/2015|4:10:54 PM|
Major Chinese hotel chains continue to pursue their expansion plans. HUAZHU Hotels states the roadmap is charted out, featuring a pipeline of 696 hotels.
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