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Chinese OTA Tuniu reports net loss of $9.1 million in Q3
12/01/2020|10:07:45 PM|
The company expects net revenues to drop 70%-75% in the next quarter.
Smart hotel solution provider RestHour secures tens of millions of yuan
12/27/2020|9:38:31 PM|
RestHour primarily serves hotels and home-share providers in top-tier cities that have to deal with a huge visitor flow.
Gearing up for hotel distribution in China as signs of recovery emerge
11/27/2020|6:52:35 PM|
Who is going to garner or facilitate a bigger slice of travel bookings – travel specialists like Ctrip and Toncheng-eLong or e-commerce platforms/ecosystems?
China remains top travel source; HK-Singapore bubble postponed | Weekly Review
11/22/2020|2:31:05 PM|
Xbed hotel brand raises more than $15 million; Tour operator group Caissa has 180 days to pay and acquire OTA Tuniu's shares.
China bans UK flights; Hotel digital solution firm secures funding | Daily Brief
12/24/2020|11:17:58 PM|
UK COVID-19 variant found in Hong Kong; China invests $656 million in culture, tourism.
China is going to be a locomotive for the travel train: Booking Holdings CEO
11/26/2020|11:56:37 AM|
Known for his balanced perspective, Booking Holdings’ CEO Glenn Fogel believes that one shouldn’t expect immediate rebound despite emerging developments around vaccines.
Tongcheng-elong’s CEO throws light on effective recovery strategy in Q3
11/28/2020|8:52:19 PM|
The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
Foreign airlines start counting on TravelSky to modernize distribution
12/04/2020|8:02:51 AM|
Finnair recently chose to modernize its airline product sales using NDC with TravelSky. The airline asserts that by using this XML data standard it can better communicate the value of its offers via the indirect channel.
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