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.
In 2021, approximately 39.7% of the room nights were sold to its A-Card members.
Net loss was USD 6.6 million in the first quarter of 2022.
Revenue from the air ticketing business increased by 4.6% to USD 25.3 million in the quarter ended March 31, 2022.