Lodging revenue rose 34.5% to RMB693.7 million in the third quarter, while transportation revenue climbed 1.6% to RMB1,139.6 million.
The new air services include 24 new routes between the two countries, bringing the total number of routes to 120.
Airbnb’s business excluding the United States and China turned a net profit of $46.47 million in 2018 compared with a loss of $97.22 million the previous year.
The Indian holiday market is a $10 billion opportunity and is expected to become $30 billion in the next five to six years.
As of October 2019, Htrip has formed strategic cooperation with 34 out of the top 100 domestic hotel groups.
Annual Transacting Users in the twelve months ended September 30, 2019 grew by 14.0% to 435.8 million from 382.3 million in the twelve months ended September 30, 2018.
CEO Brian Chesky likes the idea of getting into entertainment as an extension of Airbnb’s marketing strategy.
Hometime manages properties rented through platforms such as Airbnb, the startup now supports hosts in eight Aussie cities, and in Auckland.