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General Atlantic buys startup Kiwi.com in travel tech play by private equity
We intend to show the world we’re something bigger than an OTA and to transform our product into something that goes beyond the standard OTA capabilities.
Outbound travel can contribute up to 50% of revenue in 5-10 years: Ctrip CEO
The online travel company is optimistic about driving both revenue growth and margin expansion by leveraging large market scale.
Qantas hides super cheap first class seats on Airbnb
Qantas has partnered with Airbnb since 2016 and allows its frequent flyers to earn points on Airbnb bookings, as well as hosting.
Ctrip’s Instagram-like platform attracts more than 1 million daily users
Since its launch in December, the new “Trip Moments” product has exceeded one million daily active users, and 70% of those users are under 30 years old.
MakeMyTrip revenue and bookings up more than 25%, operating losses down more
The execution of our strategies has allowed us to improve on our market share and drive strong growth rates across gross bookings, adjusted revenue and standalone hotels online room nights.
China travel industry could see two giants go head-to-head
Alibaba’s Fliggy is taking aim at a niche market share composed of millennials, digital technology, and premium services, it will be a hefty task to try and unseat the travel sector champion Ctrip.
Accor backs chatbot tech builder Mindsay in $10 million funding found
Two weeks ago, Iberia’s iBot messaging service sold its first plane tickets, marking a new phase in its use of artificial intelligence.
Ctrip's net revenue increases 21% to $1.2 billion in Q1 2019
Revenue of accommodation reservation, transportation ticketing, packaged-tour and corporate travel revenue increased by 21%, 16%, 25%, 32% separately in Q1 2019.
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Forward bookings for China domestic air travel show dramatic rebound
Trip.com Group chairman: How mobile apps could help to contain virus
Trip.com Group expects revenue to drop 45%-50% amid COVID-19 outbreak
OYO sees signs of recovery in China after coronavirus outbreak
COVID-19 cuts China air travel capacity by 80%
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