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Tuniu cuts net loss to 41.7 million dollars in Q1 2017

Tuniu trimmed its net loss to RMB 287.4 million (USD 41.7 million) in Q1 2017 from RMB 538.5 million in Q1 2016 by "improving operational efficiency and realizing economies of scale."

05/26/2017|9:40:33 PM|ChinaTravelNews

Ctrip net revenues climb 46% in Q1 2017

Ctrip's transportation ticketing revenues in first quarter of 2017 rose 48% to USD 418 million after consolidating Skyscanner results for first time. The same revenues in Q1 2016 grew 106% YoY.

05/11/2017|8:06:51 AM|ChinaTravelNews

Priceline posts $20.7 billion gross travel bookings in Q1 2017

Priceline Group reported gross travel bookings growth of 24% in the first quarter of 2017. Gross profit grew 16% to USD 2.3 billion and net income rose 22% to USD 456 million.

05/10/2017|7:44:38 AM|ChinaTravelNews

Sabre revenue rises 6.5% to $915 million in Q1 2017

Sabre reiterated its full-year 2017 guidance in the first-quarter report of 2017. Revenue rose 6.5% to USD 915 million in the quarter.

05/02/2017|9:11:28 PM|ChinaTravelNews

Tongcheng Tourism sets up own airlines for one billion yuan

Online travel agency Tongcheng Tourism announced that it has invested RMB 1 billion to set up an airline company.

05/02/2017|9:19:38 AM|ChinaTravelNews

Ctrip reintroduces tailored travel platform with 4,000 tour specialists

Ctrip has upgraded its tailored travel platform to “Version 2.0”. The platform has more than 1,200 partner suppliers recommending around 4,000 itinerary designers to cover 956 destinations in 107 countries worldwide.

04/28/2017|12:40:49 PM|ChinaTravelNews

Expedia gross bookings grow 14% in Q1 2017

Expedia reported gross bookings of USD 2.9 billion in the first quarter of 2017. Revenue increased 15% YoY to USD 2.2 billion, of which Trivago took up USD 286 million, a 62% rise from a year ago.

04/28/2017|7:09:34 AM|ChinaTravelNews

Travelzoo's revenue drops 5% in Q1 2017

Travelzoo reported revenue of USD 28.4 million and operating profit of USD 2.1 million in 2016. In constant currencies, revenue decreased by 5% year-over-year.

04/27/2017|12:21:42 AM|ChinaTravelNews
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