The influence of travel information release on the efficiency of taxi transportation system is studied based on simulation. The release degree of travel information is divided into three types mode: the no-release, the full- release and the half- release information. This paper formulates road network construction rules, passenger generation and disappearance rules, taxi and passenger matching rules, taxi driving rules, taxi system evaluation rules. It is simulated that the running process of taxis searching, matching, carrying and delivering passengers. Analyzing the impact of different information disclosure on taxi vacancy rate, passenger waiting time, number of passengers, average driver income. It is found that the half-release mode with only the origin site information can help improve the taxi transportation system operation efficiency and service quality. Compared with the other two modes, because of taxi-drivers only knowing the passengers' origin position, the half-release mode effectively not only improve the efficiency of the taxi driver searching travel passengers, but also avoid the "invisible refuse" problem arised from taxi driver deliberately chosing the passengers who bring higher benefits. In order to ensure the equity of every passengers, it is recommended to adopt the half- release mode with only the origin site information in taxi transportation system.