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Trip.com Group has Baidu as largest shareholder, over 90% transaction orders from mobile channels in 2022
03/28/2023|1:10:58 PM|
In 2022, Trip.com Group derived approximately 37% of the total revenues from accommodation reservation.
Hotel giant H World posts 10.7% revenue increase for Q4, net loss narrows to $19 million
03/27/2023|8:54:17 PM|
H World expects its YoY revenue growth to be in the range of 61%-65% in 2023 Q1.
Saudi Arabia, China discuss tourism collaborations; Dutch airlines resume direct flights to Beijing | Daily Brief
03/27/2023|4:05:10 PM|
Club Med owner Fosun Tourism narrows annual loss; Hong Kong pins hope on Golden Week to attract tourists back.
Club Med owner Fosun Tourism narrows annual loss to $77 million in 2022
03/27/2023|11:07:17 AM|
The business volume of Club Med in Mainland China recovered to 54.3% of that of the same period in 2019.
Meituan’s local commerce segment shines even in tough Q4
03/26/2023|11:06:18 AM|
The company shared that operating profit of its local commerce segment, led by the food delivery business, rose by 41% in Q4, even as its hotel and travel business suffered during the same period.
Meituan posts $970 million annual loss; May Day holiday travel demand rising | Weekly Review
03/25/2023|10:55:40 AM|
Baidu, Pony.ai win permits to offer driverless robotaxi services in Beijing; Connexus Travel to undergo digital transformation in FREED camp.
Korean travel agencies restart package tours to China; Meituan posts $970 million loss | Daily Brief
03/24/2023|11:36:57 PM|
Japan service activity marks strongest since 2013 on tourism; Air China takes control of struggling Shandong aviation.
Meituan posts $970 million annual loss
03/24/2023|5:27:33 PM|
Revenue rose 22.8% from 2021 to 2022.
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