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Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
05/21/2020|5:16:44 PM|
Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
Travel companies turn to live streaming and advance purchase for recovery
04/13/2020|2:43:20 PM|
Advance purchases may not be just a provisional measure during epidemic but a regular project that will stay.
Trip.com to borrow up to $1.5B; Airbnb lowers valuation by 16% | Daily Brief
04/03/2020|11:02:25 PM|
An investment firm indirectly associated with Trip.com Group wants to privatize online classifieds marketplace 58.com; OYO's CEO will forego his salary for the rest of the year.
PMS provider GreenCloud gets Trip.com Group investment
04/16/2020|1:40:39 PM|
All major PMS providers in China now have OTA investors following this deal.
Travel retail: Break old models to build new ones
03/23/2020|12:10:00 PM|
Reinventing travel retail will bring about new opportunities despite the raging pandemic.
Travelport becomes first GDS operator to offer NDC content
10/24/2018|11:13:45 AM|
Travelport published a Roadmap for its initial range of NDC products in February, having been the first GDS operator in December 2017 to acquire Level 3 certification from IATA as an aggregator.
Online tour guide provider Lvji generates 96.4% revenue through OTAs
03/30/2020|10:30:04 PM|
The sale through Lvji's own APP contributed less than 1% of the company's total revenue.
Tencent-invested Meituan registers 110 million room nights in Q4
03/30/2020|6:29:26 PM|
Meituan estimates negative year-over-year revenues growth and operating loss for the first quarter of 2020 due to the pandemic.
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