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GreenTree reports 20.1% rise in revenue, 1.3 percentage points drop in occupancy
11/21/2019|4:15:30 AM|
ADR was RMB 174, an increase of 4.2% year-over-year. Occupancy rate was 85.9% in the third quarter, compared with 87.2% in the third quarter of 2018.
Hotel group Huazhu pares loss and expects revenues to rise 87%-89% in Q2
05/25/2021|11:34:28 PM|
Net revenues increased 15.6% year-over-year to USD 355 million for the first quarter.
Trip.com Group, TripAdvisor form China joint venture and global content partnership
11/06/2019|9:52:43 PM|
"The joint venture is like a chef with the best ingredients, but what kind of cuisine will the chef make to cater to the Chinese market and Chinese travelers? It remains to be explored."
Trip.com-backed homestay operator Sweetome gains investment from Airbnb
12/04/2019|6:40:05 PM|
Sweetome’s stakeholders now include Trip.com Group, Airbnb, 58.com Inc and Expedia.
Expedia eyes global new heights with dual focuses on travelers and partners
11/15/2019|2:55:31 PM|
Enabling frictionless travel requires strategies and thoughts on different levels.
Mainland China accounts for 37% of Shangri-La's properties revenue in H1 2019
09/23/2019|5:35:36 PM|
Total revenue from Mainland China hotel properties for the first half of 2019 decreased 8.4% to USD 380.4 million, accounting for around 37% of the company's hotel properties revenue during the time.
TRAVEL EASY secures $20 million for retail transformation in Europe
09/24/2019|4:25:28 PM|
TRAVEL EASY reported it earned 50 million euros in revenue and a gross profit of 100 million yuan in 2018.
Social e-commerce platform Pinduoduo hints at travel booking
09/21/2019|12:21:45 AM|
The company may not take travel as one of its strategic growth businesses. But it might still be adding more travel-related offerings on its platform to explore all potential for monetization of user traffic.
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