The pace with which retailing continues to evolve means random selling of air ancillaries and non-air ancillary products won’t work or pay off in the future.
Collaboration with e-commerce companies has become a big trend in the aviation industry recently as more airlines announce cooperation deals with e-travel sites.
Travelport reported a 78% decrease in net income to USD 5 million for the third quarter of 2017. International revenue increased 7%, with 12% revenue growth in Asia Pacific.
Since Travelzoo shuttered its search product, it has seen weak performance and its subscriber growth has leveled off. It is developing new technology tools to be operational within six months.
Google is shutting down an automated airfare data feed to push its own booking tools, but will still offer a premium program to bigger corporate clients for a heftier fee.
Xiaozhu has been operational online with clear transaction scale and business model, and the possibility of going public is becoming clearer, though no timetable has yet been set.
Via.com handles 24.5 million transactions a year and claims to have seen a compound annual growth rate of 45% over the past three years.
Chinese hotel system provider Beijing Shiji Information announces a framework agreement to sell shares of its fully-owned retail subsidiary to Alibaba Investment.