The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
Whatever is being expressed on platforms like Twitter, Weibo or TikTok is an indication of how travel is being missed and proactive companies have already tried to make the most of the same.
Shanghai airport momentarily descends into chaos after workers test positive; Lifestyle travel brand Betterwood gets new investment.
Known for his balanced perspective, Booking Holdings’ CEO Glenn Fogel believes that one shouldn’t expect immediate rebound despite emerging developments around vaccines.
The year-to-year decrease of adjusted profit was narrowed down to 11.2% in the third quarter of 2020 from 43.2% in the previous quarter.
Xbed hotel brand raises more than $15 million; Tour operator group Caissa has 180 days to pay and acquire OTA Tuniu's shares.
Firms looking to cash in on travel bug of senior citizens; Hong Kong looks to mainland China for the next air travel bubble.
UK health service covid tests now invalid for China inbound travel; Chinese embassy switches to online travel applications.