Klook has seen rail grow to become a preferred mode of transport among FITs visiting western Japan, with nearly a 500% increase in rail services bookings made between August 2018 and August 2019.
Hong Kong reported a massive decline in hotel demand at 28.8% with average occupancy for August dropping 29.8% to 63.9%; competition increased as hotel supply rose 1.5%.
Shenzhen Airport reported an increase of 9.2% in passenger traffic in August while Hong Kong airport said it handled 12.4% fewer passengers in the month compared to the same period last year.
Chinese travelers have booked trips to tourist destinations in 88 countries and regions, with Japan, Thailand, Malaysia, Russia and Indonesia among the top outbound destinations.
China is the world's second largest cruise market by passenger volume and about 63 percent of the Chinese cruise market comes from Shanghai.
“When you have direct relationships with airlines there’s a lot more you can do around ancillaries and NDC Iata’s [New Distribution Capability]."
T-Bird acquired Shanghai Haiyou to integrate resources and make the pie of customized travel bigger. More potential acquisitions are said to be in the pipeline.
Air China operates most flights and are growing fastest with 43% more flights this summer.
OYO is reportedly going to create a separate entity in the US to help it acquire and run four- and five-star hotels, and is likely to own a minority stake in this entity.
Expedia Group will next month become the exclusive distributor of Marriott International wholesale and promotional room rates, availability, and content to bedbanks, and other redistributors.
The idea behind the company is to connect institutional real estate portfolio brokers with homestay and sharing economy-type services, such as Airbnb.
Kambr wants to change how airline analysts manage flight prices and inventory and the goal is to build an ad-tech product that helps airlines target potential customers.
Beekeeper builds out its "Slack for non-desk employees" tool and has secured $71M since its incorporation in 2012.
Outdoor Access lists 500 for-rent properties and about 3,500 members, who pay a $100 annual subscription.
Airbnb will offer users the ability to book Atlas Obscura trips and events through Airbnb’s site and mobile app.
Sophisticated technologies allow hotels to track the performance of every single customer and change their investment for each guest based on their value and likelihood to book.
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