Webjet‘s B2B businesses bookings were up 49.4% with a total transaction up 39.5%; B2C businesses bookings were up 11.4% with a total transaction up 15.3%.
Indian consumers spent $14.85 billion on online travel in 2016, a year-over-year increase of 25%. India's domestic airline tickets made up the largest share of digital travel purchases at 40%.
TUI CEO said he is increasingly building profit streams from content and the distribution is less and less important; therefore, the disintermediation risk is less.
Mark Okerstrom says mergers and acquisitions are in Expedia’s DNA, and a key priority is finding solutions to getting better at “solving unique local challenges".
Hotel upselling services provided by the OTA helps create a complete experience on one hand and improve incomes on the other.
Ctrip‘s second quarter earnings release talks about a 50% improvement in mobile conversion rates from the early iterations of Skyscanner’s direct booking business.
Dara Khosrowshahi, Expedia’s former CEO, announced to increase gross bookings to USD 100 billion by 2020 primarily through expansion in Asia before leaving the office.
TravelBank announced its AutoRewards feature, which allows travelers to book flights with a unique interface to encourage more financially responsible travel as rewards points actually increase as the price decreases.