China's three biggest airlines are poised to report losses totaling RMB 8.5 billion from currency swings this year as a weaker yuan proves a drag.
Loyalty schemes have been front and centre in advertising campaigns from the large hotel chains this year, as they look to increase their proportion of direct bookings.
Ocean Link, the first private equity firm focused on the fast-growing tourism sector in China, today announced its strategic partnership with Ctrip and General Atlantic.
Sustaining growth rate has remained Tuniu’s major forte, but can cost control, association with HNA and the GMV of travel products uplift the overall margin going forward?
Over the past couple of months, TripAdvisor has been participating in Google’s hotel metasearch program.
Enrolments are significantly up as are points redemptions since the launch of Your Rate and direct booking grew by two points.
Chinese cruise passengers grew 40% in 2016 to 986,000. Throughout Asia, capacity grew 51%; next year, capacity on oceangoing ships in the region will reach 3.2 million.
Expedia, Inc., is the first online travel intermediary to begin displaying a hotel chain’s discounted loyalty rates next to standard rates. It’s also the first to cheerlead for a hotel’s own loyalty program.