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Trip.com Group eyes TripAdvisor’s valuable assets via new pact
11/07/2019|6:24:30 PM|
The group has taken this initiative to strengthen the overall trip planning tools that its brands have to offer, and in doing so also intends to propel the growth of its key brands, Trip.com and Skyscanner.
TripAdvisor recorded 7% drop in revenue in third quarter
11/07/2019|10:07:29 AM|
In light of the difficult third quarter, TripAdvisor announced a comprehensive cost structure evaluation and authorized an additional $100 million share repurchase.
Trip.com Group, TripAdvisor form China joint venture and global content partnership
11/06/2019|9:52:43 PM|
"The joint venture is like a chef with the best ingredients, but what kind of cuisine will the chef make to cater to the Chinese market and Chinese travelers? It remains to be explored."
Trip.com Group invests in multi-channel network to build KOL-derived content
11/06/2019|10:04:22 AM|
KOLs are recruited and expected to generate an average of 20 videos or posts containing photos and texts each month. They also have to coordinate fully with Trip.com Group’s arrangements for their work.
Smart travel service provider Tripscool secures 80 million yuan
11/06/2019|9:55:58 AM|
Tripscool has over 10,000 SKUs launched on its official platform, mobile App and H5. Most of the content is about destinations in Japan, the United States, Australia, New Zealand and Europe, with Africa in the pipeline.
Chinese hotel giant Huazhu to snap up Deutsche Hospitality for €700m
11/05/2019|11:21:11 AM|
Jenny Zhang, CEO of Huazhu, thinks that the merger of Deutsche Hospitality and Huazhu will create the foundation of a global hotel group that combines "German quality and Asian speed”.
Trip.com Group to accelerate growth through hotel, air and vacations
11/05/2019|9:23:49 AM|
The Group anticipates that the risks of uncertainties in certain regions can be mitigated, given the Group’s wide range of destination products and expansion to global markets.
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.
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