Trip.com

Buying Business Travel | November 18, 2019

Business travel is booming for Chinese online travel agency Trip.com, according to its third-quarter results. The predominantly leisure-focused OTA recorded US$47 million in corporate travel revenue for the third quarter of 2019, which is an increase of 26 per cent compared with the same period in 2018, and 9 per cent up from the second quarter this year. The OTA rebranded to Trip.com Group Limited from Ctrip at the end of last month, and said the business travel boost was driven by “expan...

Industry Outlook

Tripcom | July 13, 2022

As consumers around the world plan a summer of 'revenge travel' in the wake of easing restrictions, Trip.com data reflects the global travel recovery trend. Trip.com analysed data from their booking sites across Europe and Asia and the results show that users are more confident to book further ahead this summer, and the appetite for city breaks, staycations and short-haul trips still holds firm in a post-pandemic world. For more in-depth analysis on the European and Asian ...

Travel Trends Today | January 16, 2020

EbixCash, a fully owned subsidiary of Ebix, announced a strategic travel technology partnership with Amadeus to grow its footprint across the Asia Pacific region and UAE and become a one-stop shop for travel. The partnership will provide EbixCash’s online websites, travel agents and corporations in Asia Pacific and UAE with greater access to the unrivalled breadth of content offered by the Amadeus Travel Platform, enabling EbixCash to better serve its customers. Built on fully open systems...

Travel Weekly | January 14, 2020

Direct Travel , a roll-up of travel management companies based in the Denver area, has acquired Professional Travel of Cleveland (No. 31 on the Power List). Terms of the acquisition, Direct Travel’s largest in the U.S. to date, were not disclosed. According to Direct Travel, Professional Travel has more than 175 employees with sales of $448 million. Professional Travel’s leadership team will remain in place following the acquisition. “We’re enthusiastic to begin this new ...