The author believes that Google Trips is a step in the right direction, but it’s just that, a step. It’s not going to revolutionize leisure travel in its current form.
Didi’s market value, currently estimated at USD 35 billion, may decline by two-thirds if the draft laws are implemented, an industry investor told Securities Daily.
A report put together, for Amadeus, by the London School of Economics and Political Science, talks in detail about the four areas chosen after studying current “disruptive factors” including consumer behaviour, mobile, big data and artificial intelligence, regulation and travel risk.
Hitwise examined the online behaviour of three million consumers in the UK and found that rental sites generally have seen a massive 112% increase in traffic over the course of the past three years.
The top venture capitalists are on pace to participate in fewer deals to travel tech startups this year, compared to 2015.
Egencia, the corporate travel division of Expedia Inc., will restructure internally as it gears up to focus on its next five to 10 years of growth and disruption in the competitive field of travel management.
Furthermore, going into 2016, eMarketer stated that 51.8% of travelers who book trips via digital means will be doing so using a mobile device.
Japan continues to receive a record number of Chinese travelers but the visitors’ average spend is declining as they appear to be buying more prudently in the country.