The new cash will let the company expand operations into new markets, including Thailand, where there are plenty of young travelers looking for budget hotel rooms.
It has handled a total of 300,000 reimbursement documents for more than 120 companies including Didi and Fosun, and air tickets reimbursements handled by the company exceeded 200 million yuan.
German rail tickets will also be available on Trip.com, and Trip.com members will be able to purchase German rail tickets in any of the 13 language websites.
Tongcheng-Elong reportedly aims at raising USD 1-1.5 billion in a share sale.
Voice technology may be the key to helping vacation rental property managers rebuild guest relationships and establish new revenue sources.
The company claims that it has never lost a customer in the past 18 months and the number of customers and travelers under management doubled every quarter in 2017.
China’s millennials are emerging as a new market for the hospitality industry; they may be better off than their western counterparts, but more similar to other millennials than their parents.
At ITB Berlin, the world’s largest tourism trade fair, Ctrip’s Chief Executive Officer Jane Sun opened the event with a keynote session titled “Travel: A Gateway to Global Peace and Prosperity.”
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