Ctrip has relaunched its approach to corporate travel, introducing a “TM+” strategy based on a comprehensive set of products, self-service and big data.
Qunar announced to delist its ADSs on NASDAQ and become a wholly owned subsidiary of Ocean Management.
Tuniu reported a 66.0% rise in total travel GMV to RMB20.0 billion (USD 2.9 billion) in 2016, according to its unaudited financial results for the fourth quarter and full year of 2016.
Tours and activities market is big, important, and growing, but remains fragmented, challenging and primarily offline.
Fourth quarter gross travel bookings for the Priceline Group were $15.1 billion, an increase of 26% over a year ago.
The Priceline Group’s purchase of Momondo for USD 550 million represents the newly appointed Glenn Fogel’s opening strategic move since becoming CEO in January of this year.
Hostmaker, a business that helps Airbnb hosts manage their rentals, has raised Series A funding of USD 6.5 million.
Ctrip posted GMV of RMB 430 billion (USD 62.5 billion) in 2016 and the company wants to grow Skyscanner's contribution to Ctrip's international business from 10%-20% currently to one-third or even more in the future.