GTV of in-store, hotel & travel businesses grew by 20.7% to RMB51.3 billion in the three months ended June 30, 2019 from RMB42.5 billion in the same period of 2018.
Time to get a deeper understanding of all these new developments, if you want to keep all the millennials coming out of China happy and buying from you.
Western visitors are staying away from the Southeast Asian nation. An uptick in tourists from China has seen arrivals bounce back, bringing zero-dollar tours.
The U.S. could see nearly 2 million fewer Chinese visitors because of hostile trade relations, travel advisories and rising currency exchange rates.
This will impact locally-engaged staff at the Canadian consulate in Hong Kong, which refers to consulate staff who are foreign citizens of the local country rather than members of the Canadian foreign service.
Some 3 million visits were made by Chinese tourists to Europe in the first half of the year, marking a 7.4% rise year on year.
High-end hotels are struggling as occupancy rates plummet. Staff are being forced to take leave in what is normally city’s peak season.
Most major hotel companies reported softer revenue-per-available-room growth in China during the second quarter because of the ongoing U.S.-China trade war as well as protests in Hong Kong.
CanadaStays will become part of the Vrbo vacation rentals division in a move designed to strengthen Expedia Group’s alternative accommodation presence in Canada.
This NDC connection to Qantas is the first by any GDS to the carrier and enables live bookings of NDC content to be made by selected agency partners taking part in the testing program.
NGS is an industry initiative to enable travel agencies to display airfares just like airlines show their branded fares on their own websites.
The acquisition marks BWHR's effort to simplify distribution for its hotels by making management of technology, revenue and customer relationship, reporting and connectivity simpler and easier.
The solution tracks and accounts for commission payments owed by hotels for services booked through online travel agencies and stores it on a shared ledger.
U.S. competitors like Sonder and Lyric are operating a similar model and might also look into Europe, but "it is a very local game.”
Sabre will file its formal written response to the DOJ’s lawsuit "at the appropriate time."
Marriott, IHG, Accor and Hilton will have a significant ownership stake of Groups360 and each brand will have representation on the board.
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