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Douyin, TikTok's Chinese version, launches calendar-based hotel booking to take on OTAs

Douyin, TikTok's Chinese version, launches calendar-based hotel booking to take on OTAs

While service fee was only 4.5% of transaction value, the total cost for Douyin merchants is getting closer to traditional OTA commission cost taking into account other content operation costs.

05/17/2023|3:01:12 PM|ChinaTravelNews
Booking reports faster growth in gross travel bookings than Expedia

Booking reports faster growth in gross travel bookings than Expedia

Both OTA giants set record highs in the first quarter.

05/05/2023|8:27:04 AM|ChinaTravelNews
How to meet Chinese travelers’ changing demands? Key takeaways from the China Arising event

How to meet Chinese travelers’ changing demands? Key takeaways from the China Arising event

Make changes to adapt to changes.

04/26/2023|3:46:47 PM|Ariel Wang,ChinaTravelNews
Trip.com Group has Baidu as largest shareholder, over 90% transaction orders from mobile channels in 2022

Trip.com Group has Baidu as largest shareholder, over 90% transaction orders from mobile channels in 2022

In 2022, Trip.com Group derived approximately 37% of the total revenues from accommodation reservation.

03/28/2023|1:10:58 PM|ChinaTravelNews
Meituan’s local commerce segment shines even in tough Q4

Meituan’s local commerce segment shines even in tough Q4

The company shared that operating profit of its local commerce segment, led by the food delivery business, rose by 41% in Q4, even as its hotel and travel business suffered during the same period.

03/26/2023|11:06:18 AM|Ritesh Gupta, ChinaTravelNews
Meituan posts $970 million annual loss

Meituan posts $970 million annual loss

Revenue rose 22.8% from 2021 to 2022.

03/24/2023|5:27:33 PM|ChinaTravelNews
Tongcheng Travel highlights its marketing excellence

Tongcheng Travel highlights its marketing excellence

The online travel company stated that its decision to target students and also promote its loyalty membership initiative was complemented by marketing campaigns in 2022.

03/24/2023|11:05:06 AM|Ritesh Gupta, ChinaTravelNews
Connexus Travel with 70 years history to undergo digital transformation in FREED camp, says the CEO

Connexus Travel with 70 years history to undergo digital transformation in FREED camp, says the CEO

Stay open and be focused.

03/23/2023|5:00:17 PM|ChinaTravelNews
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