Search results for “profit”
MakeMyTrip posts a 61.3% drop in revenue but is on track of recovery
01/28/2021|11:42:37 PM|
Gross bookings improved to $598.8 million in 3Q21 versus $213.0 million in 2Q21, reflecting an increase of 181.5% QoQ.
Hotel robot maker raises $77 million; OTA sees rising demand for family travel | Daily Brief
01/20/2021|11:16:54 PM|
Hong Kong extends travel ban to Ireland and Brazil; Skyscanner pinpoints unserved routes for airlines via traveler intent tech.
Tencent-backed OTA reports $292 million in revenue, almost back to the same level of last year in Q3
11/23/2020|6:23:16 PM|
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.
Japan, China resume business travel; Infor launches cloud PMS in China | Weekly Review
12/05/2020|11:57:31 PM|
Trip.com Group-owned hotel chain Rezen invests in a hotel management firm; Homesharing giant Tujia's rural operation spin-off firm secures $15.3 million funding.
Taiwan OTA accused of leaking data to China; Meituan posts 113M room nights | Daily Brief
11/30/2020|10:05:20 PM|
Fosun targets Greater Bay Area tourists with Thomas Cook resort on Zhuhai island; Japan, China resume business travel.
Meituan posts 113.9 million domestic hotel room nights in Q3, up by 3.7%
11/30/2020|6:43:34 PM|
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.
Online travel giants Meituan, Tongcheng actively invest in hotel groups
01/07/2021|3:58:30 PM|
Chinese OTAs have a long history of buying into their hotel partners.
CTS Group buys 34% stake in "micro vacation" resorts New Century Senbo for $23 million
12/25/2020|4:50:27 PM|
New Century Senbo offers short-distance vacations near cities to the Chinese middle-class consumers.
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