LINE announced a new five-way partnership deal with Agoda, Lions Travel, KKday and Tripresso to create “a new model of tourism e-commerce”, dubbed LINE Travel.
In the last two years, work on 66 projects has already started. Fifty projects will start construction this year and the rest 13 will start in the following two years.
Moreover, Hyatt hotels will be accepting Union Pay cards, the most common payment method in China.
It’s worth keeping track of Booking Holdings' next moves and what will become of its relationship with Ctrip.
The turnover of ticketing operations and accommodation bookings were $6.79 billion and $1.54 billion, respectively.
In 2017, the number of tourists in China's theme parks reached 190 million, an increase of 20%.
The project is scheduled to start construction in 2019 and open in 2021 with an estimated number of 10 million tourists each year.
Joint ventures between global travel management companies and Chinese travel providers are combining local market expertise with travel management standards to reduce friction for corporations.
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