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TripAdvisor’s new CFO says quality hotel content is key to instant booking conversion
10/30/2017
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7:12:01 PM
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TripAdvisor’s new chief financial officer Ernst Teunissen said that TripAdvisor is applying renewed energy into getting accurate, complete descriptions of hotel attributes to drive more direct bookings through the platform.
Delta, China Eastern each to take 10% Air France-KLM stake
07/28/2017
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10:32:37 AM
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China Eastern Airlines and Delta Air Lines will each acquire a 10% stake in Air France-KLM for €751 million (USD 876 million).
SEC report: HNA Group owns 26.5% stake in Tuniu
04/18/2017
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6:39:51 PM
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A recent SEC filing shows that HNA holds a 26.5% stake in Tuniu and JD.com controls a 20.6% stake in the company, as of March 31, 2017.
Asian airline booking tech can better serve frequent flyers
02/22/2017
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2:41:43 PM
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New ideas in social media marketing from Asia such as WeChat booking are inspiring airlines around the world.
WeChat innovates Mini Program, hints at travel services
01/09/2017
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10:06:26 PM
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WeChat launched in-app service Mini Program (or XiaoChengXu in Chinese) on January 9. The “instant and disposable” service is deemed more suitable for travel companies as their business is more offline oriented and they are visited in app at lower frequencies.
Meituan-Dianping reportedly mulls hotel unit spin-off for independent financing
08/25/2016
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10:49:10 AM
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Meituan-Dianping would have to spin off its hotel business as the company was expected to run out the 3.3 billion dollars raised in its series E round within 1.5 years.
China's young traveler emerge, demanding personalized luxury and digital innovation
06/03/2016
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10:17:50 AM
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New report from forefront of the industry says bespoke experiences, digital services key to winning the loyalty of China’s young luxury travelers.
Expedia, Inc. Reports First Quarter 2016 Results
04/29/2016
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9:06:20 AM
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Expedia, Inc. (NASDAQ: EXPE) announced financial results today for the first quarter ended March 31, 2016. Its room nights stayed increased 37% year-over-year and revenue increased 42% year-over-year.
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