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Air France KLM banks on its entrenched sales strategy in China
05/25/2016|11:14:05 AM|
Indirect offline distribution has opened up for foreign carriers in the last couple of years. Air France KLM is making the most of its association with offline and online agencies built over the years to maximize sales.
Transparency in online medium exposes weak sales strategy
04/06/2016|9:38:31 AM|
Discrepancy in pricing on different online platforms is prevalent in China. Hotel companies need to dig deeper to be in control of “selling-rates”.
B2B ticket seller Piao Guanjia raises US$4.8 million in Pre-A financing
06/23/2015|10:09:10 AM|
B2B ticket sales service Piao Guanjia announced it received RMB30 million of Pre-A round investment from three independent investors.
Ticket booking APIN raises millions of yuan in A round
04/20/2016|9:04:18 AM|
Air ticket booking platform APIN announced that it has completed its A-round funding with tens of millions of yuan from investors including Glory Ventures, Guanyou Investment, APC Fund, Desun Investment and Chuanghe VC
Distribution SaaS Service Titan Cloud raises RMB 160 million in B round
04/19/2016|9:08:28 AM|
B2B travel distribution provider Titan Cloud announced it has raised RMB 160 million in its B round funding, led by ChunXiao Capital and joined by various well-known investors such as WuTong Fund, Realize Investment and BoJiang Capital
Time for Chinese hotels to gear up for dynamic pricing
03/22/2016|11:08:55 AM|
In China, travel companies are still predominantly working on static rates. In fact, some of the Chinese OTAs work on this model too.
Setting up an e-commerce brand in China – it’s about prioritizing investments
03/14/2016|10:16:20 PM|
There is no magic bullet to succeed in China. An insight into how Thailand-based ONYX Hospitality Group is looking at apt mix of brand building and performance advertising.
Ctrip’s partner UTour plans full acquisition of HuaYuan
03/03/2016|6:18:43 PM|
Ctrip’s partner Beijing Utour International Travel Service Co Ltd (UTour) plans to buy out Huayuan International Travel (HuaYuan) for RMB 2.6 billion. The funds for the purchase will be raised by issuing 65.61 million shares at RMB 35.82 per share plus RMB 250 million in cash.
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