In its first month of operation in June, Shanghai Disney Resort received 27,000 daily visitors and rang in RMB 15 million daily revenue....
High-speed railway construction will drive economic growth and restructuring, fuel momentum for efficient investment and consumption expansion....
A trip is more than just a flight. Just like carriers in the U. S. and Europe, China’s Spring Airlines, too, is positioning itself for being a platform of choice for all travel needs....
Gross travel bookings for the company were USD 17.9 billion, an increase of 19% over a year ago....
Expedia Inc. bet big on how to tackle its integration of Orbitz Worldwide, acquired in September 2015, as it took the radical step of reassigning the bulk of the Expedia.com tech and product teams to work on the task of on-boarding Orbitz and its multiple brands....
Revenue was $391 million, a decrease of 3% year-over-year. GAAP Net Income for the second quarter of 2016 was $34 million, a decrease of 41% year-over-year....
Adobe found that although 52% of consumers browse travel experiences via their smartphone or tablet, only 21% of travel sales occur on portable devices....
Travelport posted USD 38 million operating income and USD 14 million net loss in the second quarter of 2016....
Phocuswright notes that the overall online penetration by region continues to grow on a global basis (although the US is forecast to remain flat at 45%, as it has for the last three years), with Europe tipped to hit 52% during 2016....
Bridgepoint has cost some 52 million for the switch of the majority stake in the UK-based cruise online travel agency Cruise.co.uk from private equity company Risk Capital....