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Trip.com Group posts $157 million net loss in Q1 2022

Trip.com Group posts $157 million net loss in Q1 2022

Staycation travel continues to serve as a major contributor to domestic recovery, with local hotel bookings up by over 20% year-over-year.

06/28/2022|11:40:57 AM|ChinaTravelNews
Beijing, Shanghai reopen; OTA invests in PMS firm | Daily Brief

Beijing, Shanghai reopen; OTA invests in PMS firm | Daily Brief

Fosun Tourism strengthens global business deployment; China reopens visas for Australians.

06/27/2022|10:44:29 PM|ChinaTravelNews
Skyscanner CEO is optimistic about APAC tourism recovery and expects to deepen partnerships with more Chinese airlines

Skyscanner CEO is optimistic about APAC tourism recovery and expects to deepen partnerships with more Chinese airlines

Metasearch remains the core focus with direct bookings representing no more than 15%-20% of total booking volume.

06/28/2022|11:42:25 AM|ChinaTravelNews
Short-term rental PMS provider Smart Order secures $7.4 million in Trip.com-backed funding round

Short-term rental PMS provider Smart Order secures $7.4 million in Trip.com-backed funding round

Trip.com acquires a single-digit percentage of Smart Order’s shares as part of the deal.

06/25/2022|10:31:12 AM|ChinaTravelNews
Cross-provincial trips resume; Hong Kong expected to start business travel corridor with mainland | Daily Brief

Cross-provincial trips resume; Hong Kong expected to start business travel corridor with mainland | Daily Brief

OAG data indicate Asian markets expect the return of Chinese travelers; Trip.com CEO hopes Asian aviation hubs recover quickly after Middle East carriers grab share.

06/23/2022|7:23:56 PM|ChinaTravelNews
Lifestyle hotel firm updates IPO filing; OTA offers real-time safety updates | Daily Brief

Lifestyle hotel firm updates IPO filing; OTA offers real-time safety updates | Daily Brief

Chinese airlines tap language training, live-streaming to generate more revenues; Macau hotel locked down after COVID case.

06/23/2022|5:33:44 AM|ChinaTravelNews
Trip.com reports 162% rise in flight bookings in the first week of June

Trip.com reports 162% rise in flight bookings in the first week of June

Bookings for group tours increased 109% from the previous week.

06/16/2022|11:45:15 AM|ChinaTravelNews
Beijing warns of 'explosive' COVID outbreak; China opens door with relaxed visa policy | Daily Brief

Beijing warns of 'explosive' COVID outbreak; China opens door with relaxed visa policy | Daily Brief

Travel easing drives Hong Kong's imported cases to pandemic high; Universal Beijing Resort to remain closed for epidemic prevention work.

06/14/2022|1:32:17 AM|ChinaTravelNews
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