2022 Q4 - ChinaTravelNews

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Global DMC Partners releases results and key findings of Q4 2022 Meetings & Events survey

02/27/2023|2:44:29 PM|

Planners continue to be tasked to do more with less.

Trip.com Group hopeful of Chinese outbound pie picking up in Q2

03/08/2023|1:28:33 PM|

The online travel company indicated that factors such as flight capacity are posing a big challenge to the outbound travel recovery, but this is expected to be resolved in the coming months.

Accor says China offers the largest recovery potential in 2023

02/27/2023|5:06:22 PM|

RevPAR in Asia Pacific was down by 18% from 2019 due to China's delayed reopening.

Viator accounted for more than one-third of Tripadvisor’s revenue in 2022

02/19/2023|9:45:22 AM|

Tripadvisor Core showed a 34% improvement in revenue for the quarter.

Sabre says late 2022 corporate travel slowdown was temporary

02/19/2023|9:41:46 PM|

Both corporate travel and Asia/Pacific travel have begun to improve this year.

Wyndham’s recovery in hotel room rates may plateau this year

02/21/2023|9:22:50 PM|

International occupancy finished down 21% to 2019.

IHG expects hotel rates to stay strong, CEO says China is a powerhouse

02/27/2023|11:42:08 AM|

IHG has 454 hotels representing about 94,000 rooms under development in Greater China.

Booking Holdings sells Meituan stake for $1.7 billion, netting a $1.2 billion return

02/24/2023|8:09:31 AM|

Gross bookings for the quarter rose 44% from the year-ago period to $27.3 billion.

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