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Ctrip accommodation revenue rises 23%, Skyscanner revenue grows 600% in Q1
05/23/2018|9:25:42 AM|
Accommodation reservation revenue increased 23% in the first quarter, packaged-tour revenue rose 18% and corporate travel revenue climbed 25%. Transportation ticketing revenue remained flat.
Booking Holdings expects 270 million room nights of short-term rental this year
05/28/2018|3:05:19 PM|
Airbnb's growth rate on room nights sold year over year was about 45% in the first quarter and the figure has fallen to the 30% to 35% range in the last few weeks.
Marriott CEO: ‘We can deliver a better home-sharing product’
05/13/2018|10:04:17 AM|
Like AccorHotels and Hyatt, Marriott CEO says the company will focus on the higher end of the market because it’s a place where branding can make a difference.
TravelSky totals revenue of RMB 6,734.2 million in Year 2017, up 8.2%
03/26/2018|2:14:29 PM|
In 2017, total revenue amounted to approximately RMB6,734.2 million, an increase of 8.2%; profit attributable to equity holders was approximately RMB2,248.7 million, a decrease of 7.1%.
Booking Holdings posts 19% rise in gross travel bookings in Q4 2017
02/28/2018|9:22:15 AM|
Booking Holdings Group reported gross travel bookings growth of 19% to $18 billion in the fourth quarter of 2017. Gross profit grew 22% to $ 2.8 billion and net loss was $555 million.
Flight Centre will eliminate some leisure brands
02/24/2018|2:06:54 PM|
It expects to see results from the restructuring of its core Australian leisure market, although Graham Turner, founder & CEO, conceded that there may be some temporary downside to the removal of leisure brands.
TripAdvisor revenue rises 2% in Q4 2017 and 5% in FY 2017
02/15/2018|9:08:16 PM|
User reviews and opinions grew 29% year-over-year and reached 600 million at December 31, 2017. Q4 revenue totaled $321 million, up 2%; and full year revenue reported $1556 million, up 5%.
Inside Airbnb’s battle to stay private
02/07/2018|9:09:51 AM|
Airbnb's founders and early employees have little financial incentive to push for an IPO; Sequoia Capital, as the largest outside shareholder with a 13% stake didn’t support its IPO either.
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