Revenue was approximately €1.18 billion, down about 17% from the same period in 2019.
Gross Bookings reached $1,612.5 million in 1Q23 versus $286.7 million in 1Q22.
Q1 RevPAR exceeded pre-COVID levels for the first time.
Hilton opened 91 hotels worldwide and achieved net unit growth of 13,300 rooms.
The group is counting on rate and net-unit growth to stay competitive and afloat amid the myriad headwinds still facing the hotel industry.
The majority of respondents expect their business travel budget per trip to increase in 2022, compared to spend levels of 2019.
Trip.com Group holds a 16.42% stake in MakeMyTrip's ordinary shares.
The average fare from the US to Europe climbed by over 35% between January and May with no noticeable slowing in booking rates.
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