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Although 60% of guests would like to purchase ancillary services during their stay, there are still a significant number of guests who mention that the services offered were not relevant to them.
BCD Travel takes majority stake in Japanese partner Hitachi Travel Bureau
The deal gives BCD Travel controlling interest in their operations in Japan, one of Asia Pacific’s most important markets for corporate travel.
Destination activities unicorn Klook to take on GetYourGuide in Europe
Both Klook and GetYourGuide are backed by SoftBank Group's Vision Fund, and each of the two companies is valued at more than USD 1 billion.
Trainline plans to raise £75m through London IPO
The company was targeting a valuation of £1.5b through the IPO, which is expected to be one of the biggest in the UK this year.
Ctrip's net revenue increases 21% to $1.2 billion in Q1 2019
Revenue of accommodation reservation, transportation ticketing, packaged-tour and corporate travel revenue increased by 21%, 16%, 25%, 32% separately in Q1 2019.
Accor’s renewed focus – aspirational and experiential aspects of a guest
The driver for Accor going forward is the renewed focus on live + work + play aspects of a guest and owning the relationship, drifting away from being just owner of properties.
MakeMyTrip revenue and bookings up more than 25%, operating losses down more
The execution of our strategies has allowed us to improve on our market share and drive strong growth rates across gross bookings, adjusted revenue and standalone hotels online room nights.
3 payment-related trends to watch out from China
Technologies unlocking more sales channels, AI and simpler authentication are expected to drive interesting initiatives in this arena.
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Online travel giants Meituan, Tongcheng actively invest in hotel groups
Hipcamp raises $57 million for campsite bookings as outdoor travel trend booms
Top 20 economies suffering biggest tourism revenue loss due to COVID-19
Hopin acquires streaming platform Streamyard for $250 million
Macau has no guess on holiday visitors; China eyes full rebound of air travel | Daily Brief
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