SanMaoYou reported revenues in excess of 10 million so far this year, compared to 6 million in 2018. The company broke even in early 2018 and has become profitable since.
Lodging revenue rose 34.5% to RMB693.7 million in the third quarter, while transportation revenue climbed 1.6% to RMB1,139.6 million.
Obtaining the NDC/ONE Order certifications is only a small step for Travelsky to promote the digitalization and modernization of China's civil aviation industry.
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.
