As of October 2019, Htrip has formed strategic cooperation with 34 out of the top 100 domestic hotel groups.
Annual Transacting Users in the twelve months ended September 30, 2019 grew by 14.0% to 435.8 million from 382.3 million in the twelve months ended September 30, 2018.
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.
The strategic shake-up of OTA giants will further intensify competition in the evolving market landscape.
Enabling frictionless travel requires strategies and thoughts on different levels.
The team, led by Qi and Jenny Zhang, is ready for a major leap after being in the business for 14 years. Huazhu is eyeing 10,000 hotels in 3-5 years, and sufficient scale in geographic areas outside China, too.
The Shanghai-based company also unveiled its "Accelerated Growth Goal" of establishing a global hotel network in the next five years.
Travelsky agents on the NDC-enabled Qantas Distribution Platform will obtain the content and corresponding preferential policies Qantas’ NDCs issued to private channels.