Articles tagged “trip.com group”

Today’s edition of Skift’s daily podcast looks at Hong Kong’s quarantine relaxation, Trip.com Group’s earnings, and the touristic pull of summer music festivals.

Geographic diversification is paying off for China's Trip.com Group. Europe and the U.S. is still a fraction of its overall business, but they are now significant contributors.

When it comes to out-performing the online travel industry in terms of a post-Covid booking recovery, eDreams Odigeo can claim a top prize. It is plowing revenue back into discounts to make its subscriptions a no-brainer.

Acquisitions can have unintended consequences. Trip.com Group likely didn't view the acquisitions of Skyscanner and Gogobot as hedges against the collapse of China travel.

Trip.com Group, Airbnb, and other online travel agencies have all made commitments to up their travel inspiration games. Pandemic uncertainties and anxieties will bolster their efforts.

Western companies such as Hopper and Amadeus are lining up to sell enterprise tech solutions to Trip.com Group. That's because the Chinese travel powerhouse is in a shopping mood. It sees back-end technology as critical for making further market share gains in Europe.

Six months or a year seem like way longer than that in the Covid era, and anything can happen in the interim. But it is significant that the executive chairman of China's largest online travel agency is postulating that inbound and outbound travel curbs could be softened next year.

The Chinese government, for better or worse, is exacting a toll on online platforms in its anti-monopoly drive. Meituan's penalty amounted to 3 percent of revenue, and it is being forced to implement additional reforms.

Grab emerged as a leading superapp because of conditions specific to Southeast Asia. Don't look for U.S. and European copycats to get traction.