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Trip.com Group net revenue drops 42% in Q1, accommodation down by 62%
05/29/2020|6:49:31 AM|
The company expects net revenue to decrease by 67% to 77% year-over-year for the second quarter.
C2B guide-matching platform UGuide secures $1.56 million in funds
05/30/2018|10:24:53 AM|
UGuide is considering to remove tour operators from its operation and serve individual customers directly by acquiring customers through international social media.
Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
05/21/2020|5:16:44 PM|
Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
Intelligent homestay provider Ostay secures $1.56 million investment
05/31/2018|2:17:49 PM|
Ostay is cooperating with Airbnb, Ctrip, Tujia and local third-party platforms overseas to offer B2B accommodation for Chinese outbound travelers.
OTAs vow to drop rate parity; Travel recovery to peak after September | Weekly Review
05/16/2020|10:49:34 AM|
IHG starts flagship store on Trip.com Group; 70% of OYO hotels in China are now back to business.
Amadeus Q1 revenues down, will adapt to remain challenging months
05/13/2020|10:07:47 AM|
Amadeus’ first-quarter revenue came in at 1.02 billion euros, in line with its own estimate of a 25% to 30% drop published in April.
China clears way to restart MICE events; Livestreams to boost tourism | Daily Brief
05/12/2020|1:24:14 AM|
Shanghai Disneyland sold out of tickets for its May 11 reopening within minutes; Travel short video service provider raises millions of yuan.
Travel short video service provider Jufeng Network raises millions of yuan
05/12/2020|12:43:14 AM|
The company wants to help tourist attractions, homestay businesses, hotels and itineracy providers build quality travel brands.
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GBTA launches global equity program to support business travel professionals in emerging markets through sponsored memberships

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China, Japan and South Korea target 40 million tourist exchanges by 2030

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