Friday, May 17, 2024

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Your Daily Asia Gaming eBrief: Chinese tourists will fall back into old travel grooves

China’s outbound tourists are expected to return to their favorite tourist destinations, and at pre-pandemic levels by Q3 or Q4 of 2022, according to James Liang, co-founder of China’s largest online travel agency, Trip .com Group.

Chinese tourists will fall back into old travel grooves: Trip.com chairman

Trip.com Group co-founder and chairman James Liang believes that Chinese international travelers will likely fall back into old travel habits and preferences once borders reopen. 

China’s outbound travel recovered to 80 percent of the pre-COVID level, according to Trip.com

One of the world's biggest Online Travel Agencies (OTA), headquartered in Shanghai, Trip.com Group, reveals that China's outbound tourism has further rebounded in 3Q23.

China inbound travel soars in 3Q23: Trip.com

According to the data collected by Trip.com, global search results for China inbound travel improved by nearly 40 percent in 3Q23 compared to the previous quarter. As one of the world's biggest Online Travel Agencies (OTA), Trip.com believes that China's further openness will continue to boost inbound travel in the coming years.

Chinese OTA giant Trip.com reveals domestic travel is soaring, international rebounds in 2Q23

One of the world’s biggest Online Travel Agencies (OTA), headquartered in Shanghai, Trip.com Group reveals that the domestic and international business continued to show robust recovery in 2Q23, with China’s domestic hotel bookings growing by 170 percent y-o-y and by over 60 percent compared to the same period in 2019.   

Macau analysts forecast 4Q21 GGR and EBITDA

Macau’s 4Q21 GGR and EBITDA are not expected to vary significantly from the previous quarter, with the rise in mass gaming revenues offset by the closure of junket rooms from December.

Guangdong, Hong Kong border to reopen on December 16

Beijing will finally be dropping quarantine requirements for travelers from Hong Kong from December 19, though this will be subject to them meeting certain requirements.

Bookings generated by Livestreaming on the rise: Trip .com Summit

Trip .com Group, a leading global travel service provider, held its Global Partner Summit in Macao on Thursday said Livestreaming is now a key pillar in the Group’s content ecosystem.