Booking Sites

Ctrip’s Global Push Starts to Pay Off in Diversified Revenue Streams

Ctrip’s Global Push Starts to Pay Off in Diversified Revenue Streams

Sean O'Neill, Skift

The more Ctrip internationalizes its sources of revenue, the more it will cross swords with global players like Booking Holdings, which owns a small stake, and Expedia Group. It already claims to process more transaction volume than both of them, and a third of its revenue comes from outside mainland China.

3 days ago

Tencent Leads $250 Million Funding in Chinese Travel Site Mafengwo

Tencent Leads $250 Million Funding in Chinese Travel Site Mafengwo

Lulu Yilun Chen, Bloomberg

Mafengwo’s latest funding comes as the online site signs a deal with Tongcheng-Elong to build a one-stop shop for users to book hotels and flights faster on its platform. The competition is heating up.

3 days ago

Amadeus Begins Powering Next-Gen Airline Selling Via Online Agencies

Amadeus Begins Powering Next-Gen Airline Selling Via Online Agencies

Sean O'Neill, Skift

Online travel agencies have been late to the airline sector push to sell airfares and other products in more modern ways. Travix has reached a milestone, though, with the help of tech firm Amadeus, and its story suggests the outline of future trends.

3 days ago

Sponsored
New Research: The Evolution of Online Hotel Distribution in Europe

New Research: The Evolution of Online Hotel Distribution in Europe

D-EDGE + Skift

A new whitepaper examining distribution trends in Europe’s online hotel sector suggests that flexibility is a critical success factor for the region’s hospitality operators. Hotel executives must constantly review and optimize their channel mix if they hope to succeed and thrive in this highly competitive environment.

1 month ago

Skift Forum Asia: Agoda’s CEO Touts Homesharing for That Competitive Edge

Skift Forum Asia: Agoda’s CEO Touts Homesharing for That Competitive Edge

Dennis Schaal and Danni Santana, Skift

The Singapore-based online travel agency is focused on expanding outside of Asia through the marketing of non-hotel accommodations on its site. This strategy could work well as homesharing continues to grow in popularity.

3 days ago

Amazon Collects Fees From Cleartrip in New India Flights Offering

Amazon Collects Fees From Cleartrip in New India Flights Offering

Dennis Schaal, Skift

Amazon's deal with Cleartrip using Amazon Pay for India domestic flights could be a forerunner of similar moves in other emerging markets where payment systems are being disrupted. This time around in travel, Amazon has decided to partner rather than build its own offering — a very reasonable way to get back into the game.

5 days ago

Amazon Confirms Flight-Booking Launch as Part of a Superapp Strategy

Amazon Confirms Flight-Booking Launch as Part of a Superapp Strategy

Dennis Schaal, Skift

Amazon wants to be a superapp, the mobile tool of choice to book flights, buy books, and make payments. In travel, flights are only the beginning.

1 week ago

Skift Analysis: Amazon’s Travel Strategy Comes Into Focus

Skift Analysis: Amazon’s Travel Strategy Comes Into Focus

Seth Borko and Dennis Schaal, Skift

The same rules that apply to run-of-the-mill travel sellers do not necessarily apply to Amazon. While cash back on flights in India may seem loss-generating and unsustainable, for Amazon it could be a winning strategy.

1 week ago

Amazon Launches Flight Bookings in India in a Superapp Strategy

Amazon Launches Flight Bookings in India in a Superapp Strategy

Dennis Schaal, Skift

A shoe just dropped. Amazon is stepping into travel again. It may offer travel products in all sizes once it really gets going.

1 week ago

MakeMyTrip Aims to Weather Indian Air Market Turmoil Through Diversification

MakeMyTrip Aims to Weather Indian Air Market Turmoil Through Diversification

Sean O'Neill, Skift

MakeMyTrip Group has impressively diversified enough that it forecasts only a minor hit to revenue during the coming year due to the collapse of Jet Airways, a major carrier in India. No wonder Ctrip decided last month to become the company's largest shareholder.

1 week ago

GetYourGuide’s New $484 Million Infusion May Force Consolidation in Travel Experiences

GetYourGuide’s New $484 Million Infusion May Force Consolidation in Travel Experiences

Sean O'Neill, Skift

SoftBank has upended the sales of tours and attractions by investing record-breaking sums in GetYourGuide and Klook. That's boosted valuations to such lofty levels that it may leave only a few options: Merge or go public.

1 week ago

European Rail Booking Site Trainline Looks at Being Next Big Travel IPO

European Rail Booking Site Trainline Looks at Being Next Big Travel IPO

Patrick Whyte, Skift

With consumers much more aware of the damaging environmental impact of air travel, other forms of transport are having a moment. It might be a good time for Trainline's private equity owners to sell up.

1 week ago