Skip to content
中文Subscribe

#OTA / TMC

Today0items
Jun 3Wed
  1. Perk Press Releases

    Perk Secures $300 Million Credit Facility to Accelerate AI Platform Growth

    Perk (formerly TravelPerk) announced the close of a $300 million private credit facility led by Neuberger Specialty Finance, with Blue Owl Capital, Hercules Capital, and Liquidity. Proceeds will accelerate investment in product, technology, and AI, supporting global expansion including the upcoming US launch of its integrated spend platform. Perk grew revenue 48% in 2025, surpassing $300 million in annualized revenue, with gross margins improving from 40% to mid-70s.

  2. Travelport Press Releases

    Juniper Group acquires Deem from Travelport

    Juniper Group has announced the completion of its acquisition of Deem, a corporate travel management platform, from Travelport. Deem provides booking, procurement and trip management solutions for corporations and travel management companies worldwide. As part of Juniper Group, Deem will continue to operate independently under its current leadership team and brand. The acquisition was sponsored by Juniper Travel Technology. Travelport and Deem will continue to maintain a relationship following the transaction.

Jun 2Tue
  1. Expedia Group Newsroom

    Expedia Group Research Shows Traveler Demand for Full-Trip Planning

    Expedia Group released global research revealing strong traveler demand for booking and managing full trips on a single platform, including car rentals, flights, activities, and trip protection. The survey of 2,500 travelers across 10 markets found 77% are likely to book multiple trip elements on the same platform. Expedia is expanding its Rapid API ecosystem to enable partners to offer full-trip booking capabilities, driving growth and loyalty.

Jun 1Mon
May 29Fri
  1. Alibaba Group News

    Alibaba Group Partners with UEFA Men's Club Competitions and UEFA EURO 2028

    Alibaba Group announced a multi-year partnership with UEFA and UC3, becoming the official and exclusive AI, cloud computing services and e-commerce partner of the UEFA Champions League, Europa League and Conference League from 2027/28 to 2032/33, and of UEFA EURO 2028. The partnership will deploy Alibaba Cloud and the Qwen LLM for fan engagement, media and content management, and offer official merchandise via its global e-commerce network.

May 26Tue
May 22Fri
  1. Tongcheng News Center

    Tongcheng Travel Q1 2026 Revenue RMB5B, APUs Hit Record 254M

    Tongcheng Travel reported Q1 2026 results: revenue up 14.4% YoY to RMB5,005.8 million, adjusted net profit up 19.4% to RMB941.1 million. Annual paying users reached a record 253.9 million. Core OTA revenue grew 17.3%, with transportation ticketing up 6.2%, accommodation up 14.7%, and other businesses (including hotel management) up 59.6%. Over 87% of registered users are from non-first-tier cities. The company continues to deepen AI applications and expand its hotel management business.

May 21Thu
May 20Wed
  2. Alibaba Group News

    Alibaba Chairman and CEO Letter to Shareholders: The AI Agent Era and Full-Stack AI Commercializati…

    In a letter to shareholders, Alibaba Chairman Joe Tsai and CEO Eddie Wu said the company stands at a critical inflection point in AGI development, with AI agents becoming the primary interface between humans and the digital world. Cloud Intelligence Group's external revenue growth accelerated to 40% in the final quarter of fiscal 2026, with AI-related products contributing 30%. The company launched the Qwen app and Wukong, an AI-native agentic platform for enterprises, and named quick commerce a core strategic pillar for Taobao and Tmall.

  4. Alibaba Group News

    Alibaba Group Files Annual Report on Form 20-F for Fiscal Year 2026

    Alibaba Group announced it filed its annual report on Form 20-F for the fiscal year ended March 31, 2026, dated May 20, 2026. The report is accessible under the SEC Filing section of the company's investor relations website. The company will provide a hard copy of the annual report containing audited consolidated financial statements free of charge to shareholders and ADS holders upon request.

  6. Alibaba Group News

    Letter from Alibaba's Chairman and CEO to Shareholders

    Alibaba's Chairman Joe Tsai and CEO Eddie Wu released a letter to shareholders, emphasizing the company's entry into the AI agent era and increased investment in full-stack AI. Cloud Intelligence Group's external revenue growth accelerated to 40%, with AI-related products accounting for 30%. The company launched the Qwen app and Wukong enterprise platform, and is focusing on quick commerce.

May 19Tue
May 12Tue
  1. Perk Press Releases

    Perk Partners with CLEAR to Offer Business Travelers Faster Airport Access in the US

    Perk, a travel and spend management platform, announced an industry-first partnership with CLEAR, offering customers preferred pricing on CLEAR+, CLEAR Concierge, and TSA PreCheck. CLEAR+ members can speed through security at over 150 lanes across 60 US airports. Perk's 2025 report found 89% of business travelers were affected by disruptions, and 25% believed they missed new business due to disruptions.

May 5Tue
May 4Mon
  1. Amex GBT Press Room

    Long Lake to Acquire Amex GBT for $6.3 Billion

    American Express Global Business Travel (Amex GBT) has announced a definitive agreement to be acquired by Long Lake Management for $9.50 per share in cash, valuing the company at approximately $6.3 billion. The transaction is supported by investors including General Catalyst and Alpha Wave, and is expected to close in the second half of 2026. Amex GBT will become a private company, and the American Express brand licensing agreement will remain in place.

  2. Amex GBT Press Room

    Amex GBT Reports Strong Q1 2026 Financial Results

    American Express Global Business Travel (Amex GBT) reported strong Q1 2026 financial results, with revenue up 35% year-over-year to $840 million and adjusted EBITDA of $150 million. The company highlighted total new wins value of $3.4 billion and a 96% customer retention rate, and launched AI-powered Complete and next-gen Egencia. Due to the announced acquisition by Long Lake, the company has suspended earnings calls and financial guidance.

Apr 29Wed
  1. Alibaba Group News

    Alibaba Group to Announce March Quarter 2026 and Full Fiscal Year 2026 Results on May 13, 2026

    Alibaba Group announced it will report unaudited financial results for the quarter and fiscal year ended March 31, 2026, before the U.S. market opens on May 13, 2026, and will hold a conference call at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Hong Kong Time) the same day. Participants must pre-register and will receive dial-in numbers, a passcode and a unique PIN. A live webcast will be available, with a replay accessible for one week from the conference date.

Apr 28Tue
  1. Booking Holdings IR News

    Booking Holdings Reports First Quarter 2026 Financial Results

    Booking Holdings reported first quarter 2026 results: room nights grew 6% year-over-year, gross bookings increased 15% (8% on a constant currency basis), and revenue grew 16% (10% constant currency). Net income rose 225% and adjusted EBITDA grew 19%. The Middle East conflict negatively impacted room night growth by approximately 2 percentage points. The company effected a 25-for-1 stock split on April 2.

Apr 27Mon
  2. Ctrip Corporate Travel Thinktank News

    Ctrip Corporate Travel Launches AI Ecosystem and White Paper

    Ctrip Corporate Travel held its first Global Business Travel Partner Conference in Shanghai, unveiling its 'Ctrip Corporate Travel AI Ecosystem' and the '2025-2026 Business Travel Management Market White Paper'. The AI ecosystem covers the entire travel process with 7 AI agents, reducing booking time to 1-2 minutes. The white paper shows Chinese enterprises' outbound business travel has grown over 30% for three consecutive years, with destinations shifting to Belt and Road countries, and Vietnam orders up 100% year-over-year.

Apr 24Fri
  1. JTB Group Newsroom

    JTB Announces Change of President

    JTB Corp. announced that AOMI Tomo, current Managing Executive Officer, will become President and CEO effective June 30, 2026. Current President YAMAKITA Eijiro will become Chairperson, and current Chairman TAKAHASHI Hiroyuki will become Advisor. Aomi previously led JTB Americas, strengthening MICE and business travel through M&A.

Apr 21Tue
Apr 20Mon
  1. Ctrip Corporate Travel Thinktank News

    Ctrip Corporate Travel Launches AI Open Platform to Build Business Travel AI Ecosystem

    Ctrip Corporate Travel officially launched its AI Open Platform, modularizing and standardizing AI capabilities through an MCP open system for customers and partners. The platform offers three-tier open architecture (standard, advanced, custom) covering information queries, resource recommendations, itinerary planning. Claimed improvements: booking efficiency +85%, compliance accuracy 90%, cost reduction 15%.

Apr 8Wed
  1. Almosafer Corporate News

    Almosafer Becomes Saudi Arabia's First ChatGPT-Integrated Travel App

    Almosafer, Saudi Arabia's leading travel company, has launched on the ChatGPT platform, becoming the first Saudi app to offer consumer services through OpenAI's global AI interface. Users can access over 1.5 million hotels via Arabic or English dialogue, receive personalized recommendations, and build multi-city itineraries. This move transforms travel planning from manual search to natural conversation, supporting Saudi Vision 2030's digital transformation.

Apr 1Wed
  1. Booking Holdings IR News

    Booking Holdings Appoints Former NXP CEO to Board of Directors

    Booking Holdings has announced the appointment of Kurt Sievers, former CEO of NXP Semiconductors, to its Board of Directors, effective immediately. Sievers brings extensive experience in technology, mobility, and global consumer markets, having led major initiatives including the NXP-Freescale merger. Director Lynn Radakovich will retire after the annual meeting in June.

Mar 31Tue
Mar 25Wed
Mar 24Tue
Mar 19Thu
  1. Alibaba Group News

    Alibaba quarterly results: strong AI cloud growth, steady consumer business

    Alibaba reported quarterly results for the period ended Dec 31, 2025: revenue of RMB 284.843 billion, up 2% YoY (9% on a like-for-like basis); adjusted EBITA down 57% to RMB 23.397 billion, mainly due to increased investments in instant retail, user experience, and technology. Cloud Intelligence Group revenue was RMB 43.284 billion, up 36% YoY, with AI-related product revenue growing triple digits for the tenth consecutive quarter. Qwen app MAU exceeded 300 million.

Mar 11Wed
Mar 9Mon
Mar 6Fri
  1. Alibaba Group News

    Alibaba Group to Announce December Quarter 2025 Results on March 19, 2026

    Alibaba Group Holding Limited announced it will report its unaudited financial results for the quarter ended December 31, 2025, before the U.S. market opens on Thursday, March 19, 2026, and will hold a conference call at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Hong Kong Time) the same day. Participants must pre-register via the English or Chinese registration links to receive dial-in numbers, a passcode and a unique access PIN. A live webcast will be available, and a replay will be accessible for one week after the call.

Mar 4Wed
  1. Ctrip Corporate Travel Thinktank News

    Ctrip Corporate Travel: The Optimal Solution for Business Travel Management

    The article introduces Ctrip Corporate Travel as a business travel management platform, highlighting its comprehensive resources, intelligent control, and global services. Serving over 3/5 of Fortune 500 companies and 1 million growing enterprises, Ctrip Corporate Travel helps businesses save an average of 30% on travel costs through integrated resources, technology, and data.