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Tencent-backed Tongcheng Travel doubles its revenue in Q2

Tencent-backed Tongcheng Travel doubles its revenue in Q2

Total GMV increased by 145.7% year-to-year to RMB59.7 billion.

08/22/2023|5:25:12 PM|ChinaTravelNews
China summer spending surges with sold-out shows, packed tourist spots

China summer spending surges with sold-out shows, packed tourist spots

Commercial passenger transport volume has risen by 47% year on year in July, while dining revenue has increased by 15.8%.

08/21/2023|3:14:41 PM|CGTN
Chinese tourists are ready to book trips, but 2019 levels are far off

Chinese tourists are ready to book trips, but 2019 levels are far off

The visa application process is still tangled up.

08/18/2023|1:05:28 PM|Skift
Chinese OTA Tuniu reports first quarterly operating profit since listing

Chinese OTA Tuniu reports first quarterly operating profit since listing

Net revenues in Q2 increased by 170.5% year-over-year to RMB100.0 million.

08/18/2023|12:36:28 PM|ChinaTravelNews
MakeMyTrip reports gains across air, hotels and buses

MakeMyTrip reports gains across air, hotels and buses

Gross bookings were $1.98 billion, up 31% year over year.

08/12/2023|10:45:25 AM|Phocuswire
Viator accounted for nearly half of Tripadvisor’s revenue in Q2

Viator accounted for nearly half of Tripadvisor’s revenue in Q2

Total revenue for Tripadvisor in the second quarter came in at $494 million, up 18% year over year.

08/12/2023|10:33:04 AM|Phocuswire
China group travel restrictions continue to stunt full recovery

China group travel restrictions continue to stunt full recovery

Chinese travel agents surveyed also identified visas as the biggest obstacle in selling outbound tourism in 2024.

08/09/2023|3:06:46 PM|Skift
Expedia Group says ‘surplus of top-tier tech talent’ is boosting its strategic hiring efforts

Expedia Group says ‘surplus of top-tier tech talent’ is boosting its strategic hiring efforts

Due in part to its increased employment and compensation expenses, overhead expenses rose 14% in the second quarter to $627 million.

08/08/2023|5:40:40 PM|Geekwire
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