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China's travel industry bracing for $430 billion losses for 2020
02/14/2020|11:27:31 AM|
Travel volume during this year’s seven-day Lunar New Year period plummeted nearly 63.9% to just 152 million.
Annual wrap-up: 12 major travel news events in 2019
12/26/2019|4:42:58 PM|
Buoyed by technological innovations and transformation in consumer demands, the travel sector has soared despite turbulence in the year.
TripAdvisor recorded 7% drop in revenue in third quarter
11/07/2019|10:07:29 AM|
In light of the difficult third quarter, TripAdvisor announced a comprehensive cost structure evaluation and authorized an additional $100 million share repurchase.
Smart tour guide operator Lvji files for Hong Kong listing
09/11/2019|4:54:30 PM|
The company claimed that it is "China’s largest online intelligent tour guide provider with a 86.2% market share" in gross merchandise value in 2018, citing data from a Frost & Sullivan Report.
What's driving Tongcheng-Elong's impressive growth in China?
08/28/2019|12:20:07 PM|
The online travel company has judiciously capitalized on its association with Tencent, and believes it is primed for sustaining its growth in the future.
Nine Chinese travel brands rank in the 2019 BrandZ China Top 100
05/07/2019|4:23:55 PM|
Five airline brands, two hotel brands, and two travel agency brands appeared in the 2019 BrandZ China Top 100 ranking.
Accor Hotels holds 10.2% and Ctrip holds 7.5% equity of Huazhu
04/22/2019|6:10:46 PM|
As of December 31, 2018, Huazhu operated 4,230 hotels in China with hotel network covered 403 cities in 32 provinces and municipalities across China.
Booking Holdings holds 8% and Baidu holds 19% equity of Ctrip in 2018
03/18/2019|10:21:45 AM|
Total revenues grew from RMB7.8 billion in 2014 to RMB31.1 billion (US$4.5 billion) in 2018, representing a compound annual growth rate of 41.4%.
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GBTA launches global equity program to support business travel professionals in emerging markets through sponsored memberships

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Global tourism shift: China and U.S. slow down while India rises

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Lufthansa plans to suspend Beijing flights as German investments in China reach record high

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Trip.com Group reports 70% rise in Q1 international OTA platform revenue

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China, Japan and South Korea target 40 million tourist exchanges by 2030

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