Chinese tourists are among the "best prepared" tourists in the world and have no "barriers" when it comes to traveling abroad, said a United Nations official.
Ctrip, Meituan, Qunar, Tongcheng-eLong and Fliggy accounted for 96.4% of online hotel bookings in the second quarter.
Non-GAAP net loss was RMB22.6 million (US$3.4 million). Revenues from package tours climbed by 29.0% to RMB437.6 million (US$66.1 million2).
By entering a destination and selecting specific or flexible dates, Google Flights will search through thousands of possible destinations, analyzes their historical flight prices and then highlights cities with good deals in green.
Ryan Hanley, co-founder of Travello said that TripAdvisor has evolved from an initial community platform to a booking trading platform, while Travello will always focus on community services.
The snow holiday market has seen rapid growth in Asia Pacific in the last three years with an estimated universe of 238 million travellers including 138 million alone in the last 12 months.
Tencent already owns about one-fifth of Meituan, and the technology giant plans to buy about $400 million worth of shares in the planned IPO.
Prior to its stock market debut, Eventbrite has raised $332.3 million over nine funding rounds since 2006.