Thanks to China’s effective control measures and stronger traveling demands during the summer, cross-city and business travel both recovered well in comparison to previous quarters.
The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
Whatever is being expressed on platforms like Twitter, Weibo or TikTok is an indication of how travel is being missed and proactive companies have already tried to make the most of the same.
Thailand no longer main draw for China tourists; BOC Aviation wins civil suits against AirAsia X.
Shanghai airport momentarily descends into chaos after workers test positive; Lifestyle travel brand Betterwood gets new investment.
Known for his balanced perspective, Booking Holdings’ CEO Glenn Fogel believes that one shouldn’t expect immediate rebound despite emerging developments around vaccines.
The year-to-year decrease of adjusted profit was narrowed down to 11.2% in the third quarter of 2020 from 43.2% in the previous quarter.
Betterwood is developing as a lifestyle brand delivering diverse business values.