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Outbound and inbound travels surge with China’s OBOR Initiative
10/20/2017|6:13:32 PM|
The One Belt One Road initiative attracted over 7 million visitors to China last year and 10 million Chinese travelers visited OBOR countries, up 71%, according to a Ctrip report.
Jinjiang dumps its majority stake in Joyu for RMB 970 million
10/20/2017|4:28:53 PM|
Jinjiang International has transferred its 16.1892% stake in Joyu Group for RMB 969.8 million, after which it will no longer be a shareholder of Joyu.
UTour acquires 13 stores to expand its retail travel in Suzhou
10/20/2017|9:38:12 AM|
UTour taps Xingzhou International Travel’s competitiveness in Suzhou to make up for its own lackluster performance in its Suzhou retailing business through the collaboration.
Online or offline, completing a transaction is getting easier than ever
10/19/2017|3:06:29 PM|
One extra click or filling an extra blank for personal details can result in cart abandonment. Airlines eyeing Chinese customers need to keep up with the payments arena for better shopping experience.
Meituan-Dianping gets $4 billion funding, backed by Tencent, Priceline
10/19/2017|1:45:41 PM|
China’s local service platform Meituan-Dianping has received USD 4 billion investment, backed by Tencent and The Priceline Group. It is valued at USD 30 billion after the financing.
"Direct sales" going up for Chinese carriers, but is it enough?
10/18/2017|9:02:02 PM|
Top carriers in China today have 40-45% sales coming in via "direct" channels. But this figure also includes selling inventory via OTAs. So this doesn't translate into owning the passenger for airlines.
HNA to pump ￥50 billion to promote digital transformation with HiApp
10/18/2017|5:40:17 PM|
HNA plans to pump ￥50 billion into tourism digital transformation by supplying public service products for innovators and services to innovative enterprises that offer unique services and technology.
Distribution shouldn't be just about selling, count on data, too!
10/18/2017|1:21:51 PM|
What encompasses "airline distribution" needs to evolve, and the same shouldn't be only about selling or completing a transaction, says Guoxiang Wu, SVP, Marketing Division, China Southern Airlines.
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