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US, China, Germany rank Top 3 countries by annual tourism revenue
01/10/2020|10:55:11 PM|
Sino-US trade frictions did not affect the variation of China’s tourist arrivals from the US, which grew 7.4% in 2018, 4.6 percentage points higher than that in 2017.
Trip.com-backed homestay operator Sweetome gains investment from Airbnb
12/04/2019|6:40:05 PM|
Sweetome’s stakeholders now include Trip.com Group, Airbnb, 58.com Inc and Expedia.
China finds India’s OYO add 25,000 guest rooms in a month
08/08/2018|8:56:14 AM|
In July alone, OYO Rooms signed about 400 franchisees and added more than 25,000 rooms in China.
AirAsia and Fliggy cease partnership in December
11/28/2019|1:33:47 PM|
AirAsia requires its associated ticket agents in China not to use Fliggy in any form to distribute AirAsia flights, services and related products.
MakeMyTrip revenue and bookings up more than 25%, operating losses down more
05/22/2019|2:26:58 PM|
The execution of our strategies has allowed us to improve on our market share and drive strong growth rates across gross bookings, adjusted revenue and standalone hotels online room nights.
MakeMyTrip's gross bookings rose 20.6% to $1.5 billion
11/04/2019|11:13:28 PM|
Revenue increased 14.2% to $118.0 million and Adjusted Revenue increased 13.6% to $181.1 million.
Ctrip closes Naspers stock swap, appoints 3 more directors to MakeMyTrip's board
09/03/2019|8:17:28 PM|
Ctrip's CEO Jane Sun, CFO Cindy Wang and CTO Xing Xiong were appointed to the board of directors of MakeMyTrip, and Ctrip chairman James Liang continued to serve on the board.
Online travel firm Tongcheng-Elong launches OYU Hotel franchise network
07/22/2019|9:46:03 AM|
OYU hotels offer average rooms rates ranging from US$19 to $34 per night. The group aims to have a total of 2,500 hotels by the end of this year.
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