Search results for “OTA”
Expedia gross bookings rises 8% with revenue up by 4% in Q1
Gross bookings increased 8% year-over-year to USD $29.4 billion. Revenue increased 4% year-over-year to USD 2.6 billion.
Amadeus addresses four converging trends to sustain its edge
Consumer channels, distribution integration, merchandising and emerging technologies are shaking up the travel sector.
Why Airbnb must avoid the tech trap OTAs fell into for years
After doing the numbers, the OTAs soon realized that connected properties could provide over five times the number of bookings compared to non-connected properties.
Booking Holdings records 217 million room nights booked, net income up 26%
Booking Holdings reported gross travel bookings growth of 2% to $25.4 billion in the first quarter of 2019. Total revenues decreased 3% to $2.8 billion.
Franchise Hotel Qingzhu secures three financing rounds in H1 2019
Qingzhu has signed a total of 2,000 hotels and aims to have 4,000 by the end of this year.
6 things we learned from Arival Asia Pacific
More than 90% of operator attendees at Arival were from Asia, but nearly half of attendees from OTAs and reservation technology companies were from North America and Europe.
Ctrip teams up with Air China to launch mixed payment for flight tickets
More users are using mileage and cash mixed payment for Air China’s domestic flight tickets since Ctrip and Air China launched the unprecedented arrangement in May.
Trivago revenue decreases by 20% in Q1 2019
Total revenue decreased to €208.8 million in the first quarter of 2019; net income was €7.8 million.
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