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Booking outperforms Expedia in Q3 results

Booking outperforms Expedia in Q3 results

The two giants also face rising competition from younger rivals like Airbnb.

11/03/2023|9:20:19 AM|ChinaTravelNews
Airbnb reports 17% rise in cross-border nights, China outbound increases 100%+

Airbnb reports 17% rise in cross-border nights, China outbound increases 100%+

Asia Pacific business has fully recovered.

11/02/2023|8:57:52 AM|ChinaTravelNews
Unraveling the growth of travel e-commerce through consumer behaviors and payment trends: Nuvei APAC

Unraveling the growth of travel e-commerce through consumer behaviors and payment trends: Nuvei APAC

The abandonment rates in online transactions are still very high: 85% for travel and 78% for hotel.

10/30/2023|3:46:24 PM|ChinaTravelNews
Trip.com Group continues to count on generative AI to serve travellers

Trip.com Group continues to count on generative AI to serve travellers

The group’s AI assistant, TripGenie, released new features plus a new initiative, AI-generated content production, too, was taken in Q2.

09/05/2023|5:03:13 PM|Ritesh Gupta, ChinaTravelNews
Trip.com Group revenue nearly triples in Q2, outbound bookings recover 60%+

Trip.com Group revenue nearly triples in Q2, outbound bookings recover 60%+

Sales and marketing expenses for the second increased by 185%.

09/05/2023|11:03:29 AM|ChinaTravelNews
Meituan benefits from strengthening of “consumer mindshare” in travel

Meituan benefits from strengthening of “consumer mindshare” in travel

The Chinese e-commerce company underlined its expertise in letting travellers “save money when booking hotels” as it shared its second quarter results.

08/31/2023|10:18:37 AM|Ritesh Gupta, ChinaTravelNews
Tongcheng carries growth momentum in hotels category into Q2

Tongcheng carries growth momentum in hotels category into Q2

By capitalizing on travel demand and working out relevant sales strategy, Tongcheng achieved sizable growth in hotel bookings as compared to what it had achieved for the same period in 2019.

08/30/2023|1:58:56 PM|Ritesh Gupta, ChinaTravelNews
Meituan revenue rises 33% in Q2, netting a $644 million profit

Meituan revenue rises 33% in Q2, netting a $644 million profit

In-store, hotel & travel business grew with transaction volume up by over 120%.

08/25/2023|2:18:45 PM|ChinaTravelNews
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