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Sabre reports fourth quarter and full year 2015 results
02/09/2016|11:23:46 AM|
Sabre's Q4 2015 Travel Network revenue increased 22.3% to $531.2 million and its Adjusted EBITDA increased 20.9% to $208.0 million. Total bookings increased 33.0% driven by the acquisition of Abacus and continued strong growth in North America and EMEA.
2016 Hoscar winners announced: best hostels around the world
01/19/2016|10:42:31 AM|
Hostelworld reveals award winning hostels based on 1 million customer reviews.Best large hostel category has been shaken-up, with four new hostels taking the stage.
The Priceline Group Agrees to Acquire OpenTable, Inc.
06/13/2014|9:24:10 PM|
The Priceline Group will acquire OpenTable for $103 per share in an all cash transaction valued at $2.6 billion.
GZL to expand in Guangdong and Shanghai
12/18/2014|10:05:30 AM|
GZL will acquire Guangdong and Shanghai tour operators and accelerate innovation of its business models for products in the value chain.
How are Chinese carriers going about fare families?
02/02/2016|11:40:55 AM|
Recently, many Chinese carriers feature fare families on their respective international websites.However, introducing fare families or unbundling isn’t a straight forward process.Airlines should not only focus on revenue maximization,instead, they should provide flexible products.
China Southern’s ancillary service revenue increased by 102.44% in 2015
02/02/2016|11:40:06 AM|
China Southern Airlines reported 103.60% YoY increase in ecommerce direct sales up to December 31 2015. Of which, mobile sales increased by 189.65% YoY, sales via WeChat increased by 195.00% YoY and its ancillary service revenue increased by 102.44% YoY.
Spring Airlines Japan partners with Japanese retailer and seeks 1 billion yen
12/25/2015|5:51:45 PM|
China’s Spring Airlines Group and major Japanese retailer chain Bic Camera have formed a strategic partnership.
Double-digit growth in Chinese outbound travelers continues for the 12th year
01/30/2016|4:05:17 PM|
China remains a leading force in the global market of outbound tourism with Chinese outbound visitors increasing at a double-digit rate for 12 years in a row.
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40% of China-Japan flights slashed: where is the capacity shifting?

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Mainland China visitor growth to Japan slows in November — Shizuoka most exposed

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Chinese carriers capture Europe–Asia transit flows as Middle East airspace closes

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JTB forecasts 3% decline in Japan inbound tourism in 2026 as China outlook clouds

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