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Chinese OTA Tuniu expects wider net revenue drop for Q2
06/09/2022|8:00:21 PM|
Net loss was USD 6.6 million in the first quarter of 2022.
Meituan, Tujia capitalizes on Airbnb’s exit; Skyscanner teams up with Huawei | Weekly Review
05/29/2022|6:20:16 PM|
China’s travel retail revival will impact the growth story of global brands; China Eastern lists steps needed to return 737 Max to skies.
Disney selects DerbySoft as ticket vendor; Chinese carriers to increase international flights | Daily Brief
05/27/2022|10:16:33 PM|
Chinese mainland airlines to obtain government subsidies to overcome operational difficulty; Singapore’s air travel is rebounding despite China’s border restrictions.
Things-to-do sector continues to evolve with digitization
05/27/2022|2:00:12 PM|
Online travel company Trip.com Group acknowledges that the things-to-do segment is still in an early stage of development with a comparably low level of digitization.
MakeMyTrip reports 11.8% revenue increase in 4Q22
05/25/2022|10:10:22 PM|
Revenue from the air ticketing business increased by 4.6% to USD 25.3 million in the quarter ended March 31, 2022.
Trip.com Group reports net revenue of $3.1 billion for 2021, up by 9% YOY
03/24/2022|2:16:52 PM|
Revenues from corporate travel management experienced a year-over-year growth of 54% for the full year of 2021.
Female travelers report in 2021: Strong desire for new experiences and quality services
03/09/2022|11:03:47 AM|
China has nearly 400 million female consumers aged 20-60, contributing an annual expenditure of USD 1.58 trillion.
China plans measures to allow international exchanges; Thomas Cook expands in Europe | Weekly Review
02/27/2022|1:53:56 AM|
WTTC projects China’s travel sector contribution to GDP could reach RMB 11 trillion this year; Travel agencies handle nearly 18.8 million domestic trips in Q4 2021.
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