Generative AI is far from making a considerable impact in the way travel bookings are made, but Trip.com sees the potential and is starting the hard work now.
Turning a large proportion of cruise bookings from offline travel agents into online instant bookings would be a big ask. Many of Cruisebound's backers don't need the money, but they will have to prove themselves again nonetheless.
Booking Holdings shed its entire stake in China's Trip.com Group at a loss of $130 million in 2020. But Booking retains a substantial foothold in China outbound travel that it can ride to advantage in 2023.
Trip.com Group said on Friday it had tapped a $1.5 billion sustainability-linked loan facility, meaning that the financing terms link the debt's interest rates to the Chinese online travel giant's…
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.