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China has over 2,600 registered companies operating online travel business
05/21/2021|11:11:58 AM|
Over 1,100 of these companies have raised capital from investors.
Ctrip takes global expansion to reduce risks from geographic uncertainties
09/10/2019|6:13:44 PM|
Trip.com has achieved "quite sustainable profitability" in Hong Kong, and is very close to break-even point in Japan and South Korea, according to CEO Jane Sun.
Accor’s revenue reduces nearly 60% in 2020, but Huazhu invests more
02/24/2021|5:55:57 PM|
In China, the recovery observed from the second quarter onwards gathered pace quarter after quarter, resulting in a 44.2% decline in RevPAR over the year.
Ctrip reports 19% rise in net revenue, proposes to change company name to Trip.com Group
09/10/2019|7:17:11 AM|
Accommodation reservation revenue climbed 21% to RMB 3.4 billion (US$497 million) and transportation ticketing revenue increased 13% to RMB3.4 billion (US$496 million).
Agoda leads Booking Holdings’ APAC partnerships, capitalizing on China market
02/08/2021|7:44:35 AM|
Meituan and Didi are deemed Booking Holdings’ “strongest partners” in China.
China's population growth is ending; Hotel chain seeks $2 billion US listing | Daily Brief
05/11/2021|9:57:15 PM|
China is experiencing a rural tourism boom amid the Covid-19 pandemic; Duty-free discounts fueling greater travel spending.
Indian Covid variant detected in Chinese cities; China issues warning to big tech firms | Daily Brief
05/01/2021|10:48:46 AM|
China’s OTAs and hotel groups are launching more hotel brands to meet diverse demands; US aviation giants hope to gain more market in China.
Ctrip closes Naspers stock swap, appoints 3 more directors to MakeMyTrip's board
09/03/2019|8:17:28 PM|
Ctrip's CEO Jane Sun, CFO Cindy Wang and CTO Xing Xiong were appointed to the board of directors of MakeMyTrip, and Ctrip chairman James Liang continued to serve on the board.
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