Hilton Hotels & Resorts, the flagship brand of Hilton, has released a new report exploring factors influencing traveler behavior and preference in China.
Expedia wants to expand outside the North America but making inroads into the world’s most influential travel market will be a tough ask in the face of increasingly fierce competition.
The deal includes includes Hoseasons, a 70-year-old camping business cottages.com, James Villa Holidays, and Blackstone and CVC Capital are also interested in buying the rental sites.
Travel platform Zuotoujing currently has more than 400 suppliers and over 40,000 users, generating operating revenues of more than RMB 40 million since its operation in 2015.
Mafengwo, a leading Chinese independent online travel platform, announced today that it has closed its Series D fundraising round of $133 million.
Online travel company Banma Trip has recently received an undisclosed amount in a new round of financing from Aurora Private Equity, following the May round of financing from Tuniu.com.
OTAs are 56% more likely to cite data as the greatest barrier to delivering personalised experiences, but transportation, hospitality and restaurant companies think human elements are crucial.
TripAdvisor's stewardship of the business - via a $200 million deal of buying Viator in 2014 - is taking the incorrect route and not capitalizing on the strength of the original brand.