Search results for “quarterly report”
Trip.com: Earn global market shares through differentiated strategies and local teams
03/05/2019|6:41:16 PM|
Trip.com values not only the variety and pricing of their supply but also service localization.
OYO China CFO: We’ll have clear models for hotel operation and profitability
03/04/2019|8:57:29 AM|
"We know that speed, manpower efficiency and scalability are equally important. What’s not going to happen this year is that we will only manage to keep 5,000 of the 10,000 hotels we signed in 2018."
Expedia's gross bookings rose 13% with revenue up by 12%
02/09/2019|10:48:24 AM|
Total stayed lodging room nights increased 13% year-over-year for the full year 2018, and HomeAway's stayed property nights grew 29%.
China’s travel deficit to widen, AA furthers code-share with China Southern, and more
01/29/2019|10:39:35 AM|
China’s travel deficit will exceed 100 million trips in five years, American Airlines and China Southern expanded codeshare partnership on additional routes, and Qunar.com registered 30% increase in GMV in 2018.
Chinese take 140 million outbound trips, OTAs adapt apps to new rule, and more
01/12/2019|3:19:16 PM|
Nearly 7 million Chinese will travel abroad for the upcoming Chinese New Year; $12.4 billion is to be pumped into civil aviation infrastructure this year; and China Railway will add 3,200 kilometers of high-speed rails in the country.
Ctrip rival Meituan sells 209.6 million hotel room nights in 9 months
11/22/2018|7:21:26 PM|
Meituan has sold a total of 209.6 million domestic hotel room nights in the first three quarter of 2018. By comparison, the company marked 200 million room nights stayed on December 26, 2017.
Major Chinese airlines report drop in profits due to currency depreciation and rising costs
10/31/2018|3:43:52 PM|
China Eastern Airlines reported a 38% drop in net profit for in the third quarter. Hainan Airlines saw a 90% year-on-year tumble in operating profit to $33.5 million.
Booking.com is promoting its home listings while expanding partnerships in China
12/02/2018|7:21:30 AM|
As one of the largest travel e-commerce companies in the world, Booking.com is playing catch up in homes category by showcasing more homes and apartments than traditional accommodations.
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