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Trip.com Group hopeful of Chinese outbound pie picking up in Q2

Trip.com Group hopeful of Chinese outbound pie picking up in Q2

The online travel company indicated that factors such as flight capacity are posing a big challenge to the outbound travel recovery, but this is expected to be resolved in the coming months.

03/08/2023|1:28:33 PM|Ritesh Gupta, ChinaTravelNews
Trip.com Group sees strong recovery momentum in international travel

Trip.com Group sees strong recovery momentum in international travel

Outbound air-ticket bookings and hotel bookings increased by over 200% and 140% year over year in the fourth quarter.

03/07/2023|6:48:52 AM|ChinaTravelNews
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
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
H World introduces new app as part of digitalization drive

H World introduces new app as part of digitalization drive

The hotel company has completed several projects to strengthen loyalty and guest experience-related objectives.

11/30/2022|2:55:11 PM|Ritesh Gupta, ChinaTravelNews
Hotel giant H World sees 16.2% revenue rise, over $100 million net loss

Hotel giant H World sees 16.2% revenue rise, over $100 million net loss

The company's near-term focus will remain on cost control and prudent capex spending.

11/29/2022|2:45:08 AM|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
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