As the superapp's stickiness grows, one of its investors, Booking Holdings, believes that Meituan is going to act as a vital entry point for outbound travel as well.
The group asserts that in addition to being a "hi-tech" company, and its focus on expanding the product list and reach, one of Ctrip's biggest strengths lies in being reliable.
Booking Holdings reported gross travel bookings growth of 2% to $25.4 billion in the first quarter of 2019. Total revenues decreased 3% to $2.8 billion.
The India OTA market is becoming consolidated with very few players dominating. This helps investors to scale.
Destination-based marketing refers to a way of targeting on-the-go consumers.
Five airline brands, two hotel brands, and two travel agency brands appeared in the 2019 BrandZ China Top 100 ranking.
F&B experience should reflect the core and style of the property. For hotel guests it should also be a memorable experience, adding to their overall stay.
A themed store featuring elements of New South Wales province of Australia opened doors in Shanghai's downtown near People's Square in March.
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