Business travel market set to reach .7 trillion by 2023 With the estimated increase in worth expected through 2023, the industry will register a growth rate of 4.1 per cent during 2017-2023. Source: Hotel Marketing Business travel market set to reach .7 trillion by 2023
Airbnb booked more than billion in third quarter revenue The home-sharing startup recognized “substantially more” than $1 billion in revenue in the third quarter, which makes it the company’s strongest quarter since it was established in 2008. Source: Hotel Marketing Airbnb booked more than billion in third quarter revenue
Beijing plans to open travel market to foreign-owned companies Beijing has moved to further open its vast and lucrative market to allow for more wholly foreign-owned companies to sell outbound travel products to Chinese consumers. Source: Hotel Marketing Beijing plans to open travel market to foreign-owned companies
Booking Holdings has big AI plans Booking Holdings aims to use artificial intelligence and its massive amount of customer data to create a more personalized service. Source: Hotel Marketing Booking Holdings has big AI plans