Recently, Ibibo Group, owner of the Goibibo online travel agency, has secured $250 million from Tencent and Naspers and it says that the cash injection will be used to “extend Ibibo’s leadership position in the Indian hotels category and on additional technology innovations”....
Expedias Meeting Market aims to automate the many and various “inefficient and manual” processes which still exist when it comes to booking meeting rooms and event space, equipment, food and beverage. Recently, it is looking to become a pan-European, if not global, portal for the MICE sector....
In its latest report on financial results for full year 2015, Amadeus had its total air travel agency bookings rose 8.3%, to 505.0 million....
Princess Cruises is to expand its presence in China by launching a new homeport in Xiamen, Fujian province this year and the cruise ship Majestic Princess will be specially tailored to the China market in 2017 at its homeport in Shanghai....
WeChat Pay is launching support for overseas vendors in nine different foreign currencies (USD, GBP, HKD, JPY, CAD, EUR, AUR, NZD, and KRW)....
Econsultancy and Adobe spent a few months last summer trying to understand the requirements and challenges facing digital marketers and ecommerce executives in travel....
Air China and other major Chinese carriers will no longer pay agencies commissions on international tickets, escalating a row over fees with Chinas largest online agency Ctrip.com International....
As it embarks on a new round of fund-raising for RMB 60 million, Haoqiao.cn plans to make itself the one-stop shop for connecting agents with international hotels, and deliver added values to travel agents who are looking for new ways of doing business....
The CITS Group Corporation and the HKCTS Group Corporation are planning a possible consolidation. The plan, yet to be finalized, will have to be approved by the authorities....
China Southern Airlines is barring ticketing agents from viewing or selling air tickets discounted for 60% or more on China’s GDS system of TravelSky....