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China Eastern Airlines launches OD revenue management system
07/05/2017|9:18:30 AM|
China Eastern has adopted origin-destination (OD) revenue management system that is able to analyze and predict best solutions for distributing its available seats dynamically and maximizing its revenue on the entire air route network.
Chinese OTAs open up to new ways of distribution connectivity and integration
07/04/2017|9:50:52 AM|
Emirates' decision to make their offerings available for booking on Alitrip (Fliggy) via an NDC API indicates the readiness of intermediaries in China to embrace new developments.
New investor of Yidao Yongche displaces LeEco as majority shareholder
06/30/2017|11:40:05 AM|
Chinese ride-hailing firm Yidao Yongche announced that it has brought in a new investor which will replace LeEco as controlling stakeholder of Yidao.
Ctrip projects 20 billion yuan in group tour revenue this year
06/30/2017|10:51:10 AM|
Ctrip projected that its group tour business will gross RMB 20 billion this year. Its chairman James Liang said that the company’s sales income from hotels, air tickets, and travel groups will quickly become the highest in the world.
China Southern pioneers facial recognition for passenger boarding
06/30/2017|10:18:59 AM|
China Southern Airlines has become first carrier in China to adopt facial recognition for passenger boarding. The process is expected to streamline boarding process by verifying passengers identity through face scanning.
JD.com ties up with China Eastern for air cargo, corporate travel
06/28/2017|10:10:53 AM|
JD.com has formed a strategic partnership with China Eastern Airlines to strengthen its logistics service and corporate procurement business, particularly JD corporate travel.
Meituan Travel introduces group tour service
06/23/2017|11:57:26 AM|
Meituan Travel launched a domestic group tour service and will first introduce 200 tour routes this year in 50 cities that have delivered the most travel bookings on the platform.
Crowd funding platform Duocaitou completes $10 million A round
06/23/2017|11:13:07 AM|
Crowd funding platform Duocaitou has raised USD 10 million in its Series A round financing. DCM Ventures was the lead investor and Shunwei Capital also participated in the round.
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