https://www.ttgasia.com/2019/08/08/webbeds-and-sichuan-enter-mou-to-boost-chinas-inbound-tourism/
i dont know if this article is old news to everyone but i found it useful to remind me of the gowth machine WebBeds can be. This business definitely has the network effect, especially with big hotel chains and i can see that this will be where the real dollars will be going forward. China can be a very big market for WebBeds in the near future and with high margins on offer, its definitely a profitable business for webjet!
Ann: Presentation at Goldman Sachs 3rd Annual Tech Day, page-69
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