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Payments in China – it’s about dealing with a multitude of options
03/21/2016|11:19:47 AM|
In today’s world of instant gratification, the experience during the check-out can make or break their business. Besides, there are multiple factors that airlines, hotels, OTAs and other travel e-commerce organizations need to deal with in order to ensure a transaction goes smoothly in the multi-channel, multi-device environment.
CITS and HKCTS to merge into largest state-owned travel enterprise
02/26/2016|11:28:23 PM|
The CITS Group Corporation and the HKCTS Group Corporation are planning a possible consolidation. The plan, yet to be finalized, will have to be approved by the authorities.
China Eastern GM suggests lowering state shareholding to 40%
03/15/2016|10:11:34 PM|
China’s major carriers used to have no less than 50% of equity held by the State. China Eastern general manager envisages lowering the state ownership to 40% to make room for more investors.
Expedia reports Q4 and FY2015 results
02/11/2016|5:57:39 PM|
On February 10 Expedia announced financial results for the fourth quarter and full year 2015 with its gross bookings increased 40% and revenue increased 29% year-over-year in the fourth quarter of 2015.
ITB Berlin strengthens its presence in China
03/10/2016|9:14:19 AM|
Starting in May 2017, ITB China will take place annually at Shanghai World Expo Exhibition and Conference Center in the partnership with TravelDaily China, China’s leading online news portal and event organizer for the travel industry.
EQT to create new European tourism group with Kuoni takeover
02/12/2016|12:54:05 AM|
Swedish private equity firm EQT aims to create a new European tourism group with the agreed takeover of Kuoni and possible purchase of TUI's Hotelbeds unit.
Mixing startup and corporate cultures in travel
03/04/2016|9:17:41 AM|
If travel startups' idea isn’t urgent (a problem needing to be solved quickly) and something consumers will pay for, maybe it’s time to move on and do something else.
MuNiao Short-term Rental raises tens of millions RMB in B-round funding
03/01/2016|11:22:42 PM|
MuNiao Short-term Rental (Mu Niao Duan Zu) announces that it has raised tens of millions of RMB in the B-round funding, just six months after its A-round funding, through which the company raised RMB 60 million.
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