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China accounts for nearly 60% of OYO's annual losses

China accounts for nearly 60% of OYO's annual losses

International markets including China contributed to USD 252 million (75%) of the USD 335 million losses for FY2019, while these markets constituted only 36.5% of the global revenues.

02/18/2020|2:13:03 PM|ChinaTravelNews
Supersonic aircraft startup Exosonic joins a long race to revive Concorde's dream

Supersonic aircraft startup Exosonic joins a long race to revive Concorde's dream

Developing an aircraft that can pass regulatory scrutiny is complicated enough, but equally challenging is the need to prove to airlines that the model will turn a profit.

02/13/2020|11:38:50 PM|ChinaTravelNews
Virtual interlining model for hotels – set to compete with OTAs?

Virtual interlining model for hotels – set to compete with OTAs?

Travelers generally find it tough to be flexible with their accommodation requirements in one itinerary. For instance, the idea of choosing different hotels in one location at one go or choosing different room options in one hotel to avoid the sold-out situation.

09/02/2019|5:24:45 PM|ChinaTravelNews
Airbnb's atypical unicorn story

Airbnb's atypical unicorn story

Airbnb’s disruptive power stems from its ability to identify and meet evolving customer needs, not its technology.

08/09/2019|5:41:32 PM|Forbes
Destination activities unicorn Klook to take on GetYourGuide in Europe

Destination activities unicorn Klook to take on GetYourGuide in Europe

Both Klook and GetYourGuide are backed by SoftBank Group's Vision Fund, and each of the two companies is valued at more than USD 1 billion.

07/15/2019|11:30:37 AM|Nikkei Asian Review
Guiddoo set to introduce new domain to woo travel agents in China

Guiddoo set to introduce new domain to woo travel agents in China

The launch of Guiddoocn.com in the next couple of weeks will deliver 5,000-plus excursions at destinations for booking by small and medium travel agents across China.

04/21/2019|1:50:53 PM|ChinaTravelNews
WiT Japan & North Asia Startup Pitch 2019 issues call for entries

WiT Japan & North Asia Startup Pitch 2019 issues call for entries

Up to 10 entries will be shortlisted and coached to present at the WiT Japan & North Asia 2019 on 5 July in Tokyo.

03/07/2019|1:43:55 PM|WiT
Finalists of 2018 China Travel Innovation Award revealed

Finalists of 2018 China Travel Innovation Award revealed

The finalists will present their innovative products or solutions on trip planning, digital innovation models, train ticketing, intelligent hotel solutions, AI-powered interaction or dynamic packaging technologies.

08/14/2018|9:03:59 AM|ChinaTravelNews
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