Articles tagged “ctrip”

Tripadvisor and Trip.com Group maintain that their strategic partnership is as strong as ever even though the Chinese company just sold 20 percent of the shares it owns in Tripadvisor and is likely to sell a lot more this year. Rhetoric aside, you can't spin away that fact.

Behind the scenes, China's competition crackdown on internet platforms could eventually have a larger impact on Trip.com Group's partnerships, business practices, and mergers than is generally appreciated. Although a reversal is unlikely, even Trip.com's 2015 acquisition of Qunar has drawn scrutiny.

China's Trip.com Group is entering the content and advertising spheres to address longstanding weaknesses in its transaction business. It joins a plethora of travel businesses that are remaking themselves, whether they are launching financial services or subscription offerings, during the pandemic.

China's move to ban the Tripadvisor-branded app is somewhat of a head scratcher since the app is actually controlled by China's Trip.com Group. Will other U.S.-branded apps, such as Airbnb's be impacted?

How do you measure the largest booking site in the world? Is it rooms sold, gross bookings, commissions earned, or profits. A look into Trip.com shows the need to be nuanced in analyzing an online travel agency's financials.

China is like no other place on Earth and Trip.com is like no other online travel agency. It offers lessons on how to build an industry-leading business and how to respond to our deepest crisis ever.

The pandemic rapidly sped up a trend in livestreams. But the early success of Trip.com Group's and Alibaba Group's Fliggy webcasts marketing travel suggests that the phenomenon is here to stay.

Despite an ongoing longing for foreign tourists, Wuhan has come most of the way back tourism-wise from the bleakest days of the provincial capital's history earlier this year. Lessons for the rest of the world? Once tourists feel safe, they will return in big numbers.

Booking Holdings may be calculating that partner memories aren't exceedingly long. On the other hand, with additional layoffs a possibility at flagship brand Booking.com, the parent company has its own problems to deal with.

China had a head start on both the pandemic and the travel recovery. Trip.com Group's international business is languishing because of factors beyond its control, and it is hoping to convert usually outbound international travelers into high-end domestic customers. It's all going to be a very long and twisty road.