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Expedia posts a net loss of $581 million in Q1, with leisure travel leading the recovery
05/07/2021|8:49:11 AM|
For the first quarter of 2021, total gross bookings decreased 14%, with lodging bookings experiencing year-over-year growth in the first quarter.
Trip.com counts on domestic travel for recovery in short span
05/22/2021|11:15:48 AM|
The online travel company leveraged the prowess of domestic offerings in China to capture pent-up outbound demand and improved its booking-related metrics in a significant manner.
Travel demand in China’s 1.4 billion population; French theme park in China expansion | Daily Brief
05/22/2021|9:46:41 AM|
China has over 2,600 registered companies operating online travel business; Didi and TikTok pilot online travel services.
Didi and TikTok start internal test of online travel services
05/21/2021|12:17:12 PM|
The entire Internet circle is now setting their sights on another new track - online travel.
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.
Hotels account for 62% of China’s lodging industry, most in economy segment
05/19/2021|8:31:21 AM|
Only 18% or 50,000 hotel properties were in the midscale, upscale and luxury categories.
Online travel company Tongcheng-Elong reports 61% rise in Q1 revenue
05/17/2021|4:56:19 PM|
Monthly active users increased by 57.8% year-to-year to 234.2 million.
EU yet to welcome travelers with Chinese jabs; China expects 250 million domestic trips | Daily Brief
04/27/2021|10:37:57 PM|
Delta's US-China flights signal recovery; Hong Kong reportedly seeking travel bubble with Australia, New Zealand.
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