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Trip.com Group prepares for a topsy-turvy ride in China

Trip.com Group prepares for a topsy-turvy ride in China

Wiser from all that the travel industry has experienced in China in the last three years or so, Trip.com believes that domestic travel segment is expected to see a “nice rebound” only next year.

12/19/2022|2:24:30 PM|Ritesh Gupta, ChinaTravelNews
Trip.com Group posts net revenue of $969 million in Q3, up by 29% YoY

Trip.com Group posts net revenue of $969 million in Q3, up by 29% YoY

Accommodation reservation revenue was US$408 million, representing a 32% increase from the same period in 2021.

12/15/2022|9:11:18 AM|ChinaTravelNews
Full Video: Booking Holdings CEO Glenn Fogel at the 2022 TravelDaily Conference

Full Video: Booking Holdings CEO Glenn Fogel at the 2022 TravelDaily Conference

For Fogel, buzzwords like super app, metaverse or blockchain are further down the road.

12/27/2022|3:33:02 PM|Ariel Wang, ChinaTravelNews
Leisure travel firm Tuniu sees 32% drop in Q3 revenue with narrowed net loss

Leisure travel firm Tuniu sees 32% drop in Q3 revenue with narrowed net loss

The company expects net revenues to decrease 58%-68% next quarter.

12/01/2022|7:45:21 PM|ChinaTravelNews
Meituan plans content formats, recommendations on its platform

Meituan plans content formats, recommendations on its platform

The company will constantly refine its recommender system to serve merchants and consumers.

11/29/2022|2:17:25 AM|Ritesh Gupta, ChinaTravelNews
Tongcheng capitalizes on traffic, crosses MAU milestone

Tongcheng capitalizes on traffic, crosses MAU milestone

The Chinese online travel company achieved record high for both its average monthly active users and average monthly paying users.

11/28/2022|3:27:20 PM|Ritesh Gupta, ChinaTravelNews
Meituan posts nearly 30% rise in revenues, hotel & travel business still face challenges

Meituan posts nearly 30% rise in revenues, hotel & travel business still face challenges

Adjusted net profit reached RMB3.5 billion.

11/25/2022|5:20:11 PM|ChinaTravelNews
Tencent-invested travel firm reports 5.6% rise in Q3 revenue

Tencent-invested travel firm reports 5.6% rise in Q3 revenue

Domestic room nights sold added 10% year-on-year in the lower-tier cities.

11/22/2022|5:51:08 PM|ChinaTravelNews
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