Skyscanner aims to challenge Baidu in the Chinese travel market – Telegraph

Edinburgh-based company acquires local start-up Youbibi to gain foothold in domestic travel comparison

bai_1950695bBaidu is China’s Google, dominating general web search and competing in many specialist search markets Photo: REUTERS

By Christopher Williams, Technology, Media and Telecoms Editor

Skyscanner, the British flight search company, aims to challenge Baidu, the dominant Chinese web search engine, with the acquisition of Youbibi, a local domestic travel price comparison start-up

The deal will see Youbibi’s 20-strong team, based in Shenzen, come under the control of Skyscanner’s existing Chinese operation in Beijing.

Skyscanner, based in Edinburgh, said the acquisition will provide mostly expertise in product development and domestic travel. Youbibi’s search receives only 100,000 visitors per month, roughly a tenth of Skyscanner’s Chinese website.

skyscanner_logoAndy Sleigh, Skyscanner’s general manager for Asia, said: “It’s primarily and engineering workforce. Our team in Beijing is primarily a sales and marketing workforce.”Skyscanner refused to disclose the financial terms of the acquisition.

Like Skyscanner, Youbibi specialises in ‘metasearch’, or searching comparison sites. It is focused on the Chinese domestic tourism market, which the central government last year said it would make a development priority over the next seven years. Chinese travellers will spend $75bn online in 2017, according to estimates by iResearch.

Steven Pang, Youbibi’s chief executive, said: “We are proud of the technology that we have developed and, by bringing this together on our platform with Skyscanner’s global flight expertise, we believe we can create a really exciting travel search tool for all Chinese travellers.”

Skyscanner established its Beijing operation in 2012 via a deal with Baidu, which controls about four fifths of the Chinese web search market. The British company provides Baidu with international flight price comparison data.

Its push into the domestic market with Youbibi will put it in direct competition with Qunar, Baidu’s own domestic travel search tool.

via Skyscanner aims to challenge Baidu in the Chinese travel market – Telegraph.

Northstar Travel Media acquires Singapore’s Web in Travel – Travel Weekly

Northstar Travel Media, parent company of Travel Weekly, has acquired Web in Travel, a Singapore-based media company focused on travel marketing, distribution and technology.

Web in Travel is best known for its conferences on online travel distribution in the Asia-Pacific region. It currently produces Web in Travel conferences in Singapore, Dubai, Thailand, Indonesia, Japan and Australia.mam_114808_168630_Fancybox_900px

The acquisition of Web in Travel — which also produces e-newsletters, blogs and video channels — expands Northstar’s presence in Asia beyond the recent acquisition of Travel Weekly Asia, Travel Weekly China and Events China. Those brands and Web in Travel are part of the recently formed Northstar Travel Media Singapore.

With the addition of Web in Travel, Northstar now has face-to-face events in Asia to complement the newly acquired publishing brands serving the Asian travel trade.

Web in Travel’s flagship conference in Singapore explores online travel and the evolving trends in marketing, distribution and technology in the Asia-Pacific region.

Additional events include WIT Middle East, WIT Indonesia, WITX: Women In Travel, WIT Hospitality Roadshow and WITNext, a mentoring workshop for young professionals.

Web in Travel’s founder, editor and producer, Yeoh Siew Hoon, will report to Bob Sullivan, executive vice president of Northstar Travel Media. She will take on the additional title of editorial director for Northstar Travel Media Asia. WIT’s general manager, Gerry Pang, will continue to report to Yeoh Siew Hoon.

“The addition of Web in Travel is an important strategic move for our company and demonstrates our dedication to providing the best information from all parts of the world,” said Thomas Kemp, chairman and CEO of Northstar Travel Media. “We’re delighted to have such smart, talented people join our ranks and helping Northstar grow in the Asia-Pacific region.”

Hoon said, “The importance of staying on top of industry trends and changing technologies cannot be overestimated. By joining forces with Northstar, Web in Travel will be better positioned to provide clients with a global perspective on the changing tides of our industry.

“We are extremely excited to be united with Northstar Travel Media and optimistic that our partnership will create a powerful new information and media business serving Asia and China.”

via Northstar Travel Media acquires Singapore’s Web in Travel – Travel Weekly.

Enhanced by Zemanta

Global travel sites target fast-growing China market – TRAVEL – Globaltimes.cn

Hotels onlineOne of the worlds largest online travel booking sites released their official Chinese website and app earlier this month.”We hope to show our determination on developing the Chinese market by offering online hotel booking services of high quality,” said Zhuang Peifu, marketing director in China of hotels.com, at the press conference.

Hotel booking site HRS also entered the China market in July last year, offering Chinese language pages and a booking system on websites and mobile terminals. Its listings include castles and those with special services or designs, especially European destinations.China has become the largest tourism spender in the world, according to China Tourism Academy statistics released last August. With about 98 million person-time Chinese mainland tourists traveling overseas last year, the market has potential.

The prediction for this year is 16 percent growth to 114 million.  Chinese online travel booking sites are also growing rapidly. Two domestic online travel booking sites – ctrip.com and qunar.com – ranked 10th and 15th globally on skift.com last October. Customized for Chinese”There are a lot of foreign websites offering hotel booking services with different promotion styles, but some of them set up their Chinese language pages early, which means it will be easier for them to habituate Chinese customers,” said Li Peng, a freelance overseas travel consultant.

Li recommended two sites under Priceline Group, booking.com and agoda.com as his first choices when booking foreign hotels for his customers.Cooperating with Chinas largest online booking site ctrip.com, booking.com has explored the Chinese market since 2012. With its customer services and Chinese language pages, the site has gained wide praise from Chinese users. Of course another reason booking.com is preferred by many Chinese customers is that most bookings can be canceled for free. The site can also automatically form an itinerary list with details of all the hotels customers are booking, a very necessary tool for Chinese people applying for travel visas in other countries, such as the Schengen visa for European countries. Most places can be changed or canceled for free later if they want to change their destinations or schedules.

Booking.com has taught a lesson to new arrivals. Both HRS and hotels.com announced it was free to cancel or change a booking.  “These international websites have their strong database of hotels, which means many hotels can be found on all of these sites and the discounts they offer always make a difference over time,” Li said.HRS customized services for Chinese tourists. “China friendly” listed hotels offer special services for Chinese customers and “HRS Deals” promote half-price hotels daily.Agoda.com attracts members with its personal purchase points. “We can get the discount back by adding up the purchase points which means that the more we book,%

via Global travel sites target fast-growing China market – TRAVEL – Globaltimes.cn.

Enhanced by Zemanta

BCG – Press Release – Capturing the Full Opportunity Behind China’s Explosion in Travel and Tourism

BCG LogoIt’s no secret that China represents a big opportunity for global travel and tourism companies. What’s not yet widely understood is how enormous that opportunity is—and how easily it could be lost if travel and tourism providers don’t grasp the dynamics now to reshape the market for tourism inside and outside China.

Consider these two snippets that hint at those market dynamics: between now and 2030, two of China’s fastest-growing tourist segments will be traveling without organized tour groups. And eight of Chinese tourists’ ten most desired destinations in the near future are far outside of Asia. Their top “dream” vacation spots range from Australia and New Zealand to the U.K. and Italy.

These are just two of the many important findings in Winning the Next Billion Asian Travelers— Starting with China, the most recent report on the travel and tourism industry from The Boston Consulting Group. Coauthored with TripAdvisor, the world’s largest travel website, the report sheds light on everything from the breathtaking speed with which China’s tourists are packing their bags for leisure travel to the extent to which they are willing to trade up to more expensive rooms and other services.

via BCG – Press Release – Capturing the Full Opportunity Behind China’s Explosion in Travel and Tourism.

Technology is key to unlocking the enormous potential of the Chinese travel industry. ~ Sunday, 8th September 2013 from 4Hoteliers

Technology is key to unlocking the enormous potential of the Chinese travel industry.
Sunday, 8th September 2013
Source : TravelDaily

AmadeusAmadeus discusses critical trends that will shape the future of travel in China at the Travel Distribution Summit.

TravelDaily, China’s leading online publisher and event organiser focusing on distribution, marketing and technology trends in the travel and tourism industries, welcomes Amadeus as the platinum sponsor at the 2013 China Travel Distribution Summit in Guangzhou on September 11 & 12.

Over 750 C-level executives and senior leaders from travel and tourism will take centre stage at the China Travel Distribution Summit to address the core issues affecting the heart of their industry.

Amadeus, a leading technology partner for the global travel industry, will showcase how its advanced technology solutions creates new opportunities, maximises revenues and increases efficiency for airlines, travel agencies and hotels across Asia.

Bart Tompkins, Managing Director for Amadeus China will also deliver a keynote presentation detailing the increasing use of technology and infrastructure during the travel process, the rise of individualism of Chinese travellers, the disappearance of travel barriers within the Asia Pacific region, and expected growth at the upper and lower ends of the travel market.

via Technology is key to unlocking the enormous potential of the Chinese travel industry. ~ Sunday, 8th September 2013 from 4Hoteliers.

China Becomes World’s Biggest Travel Spender According to Hotels.com Report — DALLAS, August 21, 2013 /PRNewswire/ –

Surveying more than 3,000 Chinese international travelers and more than 1,500 hoteliers around the world, the Hotels.com report found 75 percent of global hoteliers say Chinese travelers now account for up to five percent of their business. Nearly half (45 percent) say they have experienced an increase in Chinese guests over the last year, with the greatest increases coming in APAC (61 percent). Hoteliers see China as a positive growth market over the next three years with one in 10 expecting to see an increase of more than 50 percent and almost half (47 percent) anticipating an 11-50 percent rise.

According to the Hotels.com report, the majority of overseas Chinese travel (96 percent) has been for leisure purposes, while just over half (52 percent) have also visited other countries for business or education.

In a growing trend, nearly two thirds (62 percent) of Chinese travelers say they prefer to travel independently and not as part of a group. This development was confirmed by the hoteliers surveyed, who say 70 percent of Chinese guests now travel independently, compared with a much more even split in 2012.

via China Becomes World\’s Biggest Travel Spender According to Hotels.com Report — DALLAS, August 21, 2013 /PRNewswire/ –.

Chinese détente: Travel giants Ctrip and Qunar agree to work together | Tnooz

In a somewhat surprising move, China’s two leading travel portals Ctrip and Qunar have decided they can forge a strategic partnerships.

The deal is only aimed at boosting the vacation product sales between the portals, and gaining additional traffic, yet the agreement is interesting for various reasons.

In the past, Ctrip and Qunar have fought legal battles against each other, covering both an infringement lawsuit and a defamation lawsuit.

Qunar

Read more at http://www.tnooz.com/2013/08/08/news/chinese-detente-travel-giants-ctrip-and-qunar-agree-to-work-together/#yGqcPI8eZk7uwGRA.99

via Chinese détente: Travel giants Ctrip and Qunar agree to work together | Tnooz.