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Expedia profit misses as severe weather weighs on holiday quarter, shares fall

Expedia profit misses as severe weather weighs on holiday quarter, shares fall

The company reported $20.5 billion in total gross bookings, up 17% a year prior.

02/10/2023|8:19:10 AM|Reuters
Chinese travel agencies ready to resume outbound group tours, boosting global recovery

Chinese travel agencies ready to resume outbound group tours, boosting global recovery

Industry insiders expect a significant increase in outbound tours and travelers starting from March.

02/06/2023|1:25:47 PM|Global Times
Tencent wants to expand its presence in Singapore — and Chinese tourists are a big reason

Tencent wants to expand its presence in Singapore — and Chinese tourists are a big reason

Tencent aims to make it easier for Chinese tourists to patronize local merchants as China reopens.

02/03/2023|12:17:14 PM|CNBC
Trip.com Group chairman: The time for COVID-19 travel restrictions is over

Trip.com Group chairman: The time for COVID-19 travel restrictions is over

Investors hope the reopening of borders will reinvigorate China's $17 trillion economy in the months and years to come.

02/02/2023|1:55:57 PM|James Liang, Trip.com Group
MakeMyTrip in the black, posts $0.2 mn profit in Q3 on recovery in travel demand

MakeMyTrip in the black, posts $0.2 mn profit in Q3 on recovery in travel demand

Gross Bookings reached $1,738.2 million in 3Q23 versus $1,155.7 million in 3Q22.

02/01/2023|7:34:54 PM|Inc42
AI firm buys legacy Hong Kong travel agency in more signs of life for China travel

AI firm buys legacy Hong Kong travel agency in more signs of life for China travel

The acquisition of Connexus Travel follows the startup’s strategy for targeting expansion in Seoul and Shanghai.

02/01/2023|12:06:18 PM|Skift
China resumes issuing visas for Japanese after dispute over border measures

China resumes issuing visas for Japanese after dispute over border measures

The Chinese government had issued visas to some Japanese visitors amid the suspension.

01/30/2023|11:47:34 AM|Japan Times
Visa, Mastercard pin hopes on China reopening as travel boom fades

Visa, Mastercard pin hopes on China reopening as travel boom fades

Consumer spending has remained surprisingly resilient.

01/29/2023|5:00:06 PM|Reuters
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