Search results for “technology”
Expedia reports Q4 and FY2015 results
02/11/2016|5:57:39 PM|
On February 10 Expedia announced financial results for the fourth quarter and full year 2015 with its gross bookings increased 40% and revenue increased 29% year-over-year in the fourth quarter of 2015.
Sabre reports fourth quarter and full year 2015 results
02/09/2016|11:23:46 AM|
Sabre's Q4 2015 Travel Network revenue increased 22.3% to $531.2 million and its Adjusted EBITDA increased 20.9% to $208.0 million. Total bookings increased 33.0% driven by the acquisition of Abacus and continued strong growth in North America and EMEA.
The game of hotel contracting – are foreign OTAs playing it right?
01/30/2016|11:43:47 AM|
Domestic OTAs have massive lead over their counterparts from abroad in hotel business, be in terms of geographical coverage, number of properties, and volume of business.
Expedia sees a bright future in China
02/01/2016|11:41:47 AM|
Expedia has a two-fold approach for each and every market. Firstly, building own brands organically and secondly, partnering with strong local brands. Currently,the company is looking at optimizing marketing mix, looking at new payment options other than Alipay and also sharpening hotel content via contracting as well as tie-ups with local OTAs.
Travelport and Mobacar announce global agreement
02/24/2016|11:00:25 AM|
New strategic relationship means more car rental content for Travelport agencies.
HotelGG completes a RMB 5 million investment in BagEvent
02/23/2016|8:33:41 AM|
HotelGG has recently completed a RMB 5 million investment in BagEvent, an SaaS service company that specializes in managing event registration and on-site check-in.
Ctrip eyes new milestones: 1 trillion RMB in GMV by 2020
01/18/2016|4:28:16 PM|
After signing a spate of deals in 2015, Ctrip is eyeing a better grip of the Chinese travel e-commerce business, a complex, fragmented marketplace.
UCAR completes restructuring and may go public this year
02/18/2016|8:41:58 AM|
UCAR has completed its restructuring and is considering a listing on either the New Third Board or the Strategic Emerging Board, the former preferred. The company is not planning a C-round funding before listing.
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China’s inbound tourism reshapes OTA competition: Insights from Trip.com’s Q2 earnings

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