Online travel site Ctrip says weak outbound travel demand and a decline in air ticket prices may affect third-quarter earnings.
STR currently gets data from around 65,000 hotels in 180 countries around the world, which then feeds into its core STARreport service.
As of 2017, Zingle has cooperated with giant hotel chains including Hyatt Hotels and Wyndham Destinations.
PayPal has acquired 70% of GoPay through Paypal Information Technology (Shanghai), the Nasdaq-listed company's subsidiary in China.
Asian destinations captured 54% share of the total Chinese outbound tourists spending, while America and Europe claimed 24% and 13% respectively.
Hotels partnered with Thomas Cook may go to Booking Holdings, and clients with weakened confidence in traditional travel agencies may turn to OTA.
Beyond Pricing has raised $42.5 million to develop dynamic pricing tools for the short-term rental market.
Baidu will remain Ctrip’s largest shareholder. It owned a 19% stake in the company after exchanging its shares in Ctrip rival Qunar in 2015.
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