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Major Chinese OTA Tongcheng-Elong sees "continuing robust recovery trend" in Q4
03/23/2021|5:55:54 PM|
The company's average monthly paying users increased by 5.9% year-to-year to 28.7 million in Q4 2020, but average monthly active users decreased by 4.8% to 196.0 million.
Leisure-focused OTA Tuniu expects to narrow revenue drop next quarter
03/16/2021|6:40:44 PM|
The company further strengthened cost-control measures and continued to optimize internal management system.
Travel brands assess efficacy of content in evolved purchase loop
04/15/2021|5:55:47 PM|
The role of content and blending it with commerce is getting refined in China. Hotel companies also need to re-work on their tech stack to ensure they end up having a better grip on the customer journey.
Travel sector eyes consumers from lower-cities in China
04/13/2021|11:25:41 AM|
The travel sector is counting on consumers from lower-tier cities as a vital cog for not only revenue generation in the short-term, but also as a growth engine for the future.
Club Med parent plans multi-brand offline expansion post-pandemic
03/24/2021|8:42:27 PM|
By 2023, Fosun Tourism plans to open 16 new Club Med resorts, half of which will be located in China.
Hotel direct sales service provider Honey Guide secures tens of millions of yuan
03/24/2021|10:55:51 AM|
The company’s digital solutions helped some merchants triple or quadruple their transaction values in WeChat.
Trip.com Group revenue drops 40% in Q4, domestic hotel GMV rises
03/04/2021|6:32:43 AM|
Product development expenses accounted for 42% of net revenue in 2020.
TikTok's China app pilots group buying; Tencent invests in travel firm | Weekly Review
03/07/2021|3:18:22 PM|
OTA giant sees content as a new growth driver, rolls out a three-step strategy; Chinese lawmakers, advisors suggest issuing vaccine passports.
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