Ctrip offers insights into customised high-end travel, highlights difference from standard packages
The concept of "customised travel" is relatively new in China, a trend seen only in recent year and, as such, there are uncertainties surrounding this luxury segment.
Ctrip, China’s largest online travel agent, shared insights into this growing market in its new report, Chinese High-End Outb [...]
GetYourGuide nabs $484M Series E round; CEO talks growth, Klook
Berlin-based GetYourGuide will ramp up its efforts to add new markets and broader inventory thanks to a huge new funding round - $484 million - announced today.The Series E round was led by SoftBank Vision Fund and joined by co-investors Temasek, Lakestar and Heartcore Capital, with continued sup [...]
PhocusWire Digest: Online travel lures Amazon; Startup focus on Frontdesk
Can Amazon resist travel?Who can resist $600 million to annual baseline profits? This was Morgan Stanley’s estimate of gains for Amazon should it enter the online travel space. The report for investors also told of the impact Amazon could have on the market, the challenges and issues it would nee [...]
The Wrap: Culture holds a fascination for Chinese travellers
In the news: The spotlight is on China with a report on Chinese travellers’ growing interest in culture trips, Dorsett’s partnership with JegoTrip to expand customer base, and Guangzhou’s Heycars collaborating with Amadeus to reach more travel agents
Travel: Culture holds a fascination for [...]
Chinese sports travel market growing fast, but faces barriers in securing events tickets
Sports travel is a sector that is expanding rapidly in China, with the market expected to grow by 25% to 30% over the next three years, and reach RMB 1.5 trillion (US$221,000 million) by 2020.
However, despite the increase in demand and purchasing power the difficulty in securing ticke [...]
The Wrap: Malaysia Airlines taking ‘Malaysian Hospitality’ beyond flights
In the news: Malaysia Airlines' second phase of Malaysian Hospitality canpaign, Tourism New Zealand and Tencent partner in tourism push, B2B virtual payment from Sabre and Visa,
Airlines:
Malaysia Airlines taking ‘Malaysian Hospitality’ beyond flights
The rebranded MHassistant app - offer [...]
Q1 growth slows for vacation rentals as Expedia Group realigns business for long-term
A deceleration in gross bookings in Expedia Group’s alternative accommodations business captured much of the attention on the company’s call with analysts to discuss its first-quarter earnings report.Vrbo’s gross bookings were up 5% in the first quarter of 2019 compared to the first quar [...]
WiT Europe puts spotlight on two markets for the future, Asia and Middle East
In two weeks’ time, WiT will be back in Amsterdam, putting the spotlight on Asia and for the first time, Middle East. For companies looking for new growth, these two regions are critical for the future.
In the past four months, we have held events in Malaysia, Dubai and Seoul and one thing’ [...]
Digital natives continue to stress dependence on hotel reviews
In a latest report measuring the impact of hotel reviews on booking behaviours, some 83% of digital natives, the largest incoming travel group, stress that reviews play a very important role in their booking decision.
Booking.com is their preferred review source (68%), while Google is creeping u [...]
End of standard room types, robotic concierge and achieving ‘cult status’: Is this the future of hospitality?
Travellers checking into hotels today are usually greeted by guest relations personnel, stay in the traditional room types (single, double, suite or family rooms) and avail themselves of a number of services. All tried and tested, and loved by most.
However, this picture is set to change as the [...]
