Trip.com Group
Trip.com Group, established in 1999 and headquartered in Shanghai, China, is a leading online travel agency. It offers a wide range of travel services, including hotel reservations, air ticketing, packaged tours, and corporate travel management. The company operates through its platforms, Trip.com, Skyscanner, and Ctrip.com, serving over 40 million registered members. Trip.com Group generates the majority of its revenue from accommodation reservations and transportation ticketing, with a significant portion coming from its online platform. It competes in the crowded Chinese OTA market, with major rivals such as Meituan and Alibaba's Fliggy. The company is positioned to benefit from China's growing outbound travel demand, with a focus on expanding its international business.
Travix International
Acquisition in 2020
Travix International, established in 2011 and headquartered in Amsterdam, Netherlands, is a global online travel company. It operates a portfolio of travel websites, serving customers worldwide from offices in the Netherlands, Germany, India, Singapore, the UK, and the USA. Travix offers a range of travel services, including global flights, hotels, car rentals, travel insurance, and online ticket sales. As of April 2020, it operates as a subsidiary of Trip.com Group Limited.
Joint Wisdom specializes in providing data analytics solutions for the hotel industry. The company offers a comprehensive suite of services, including hotel big data, property management systems, and a platform for managing hotel reviews and data. Additionally, Joint Wisdom conducts OTA quality inspections and provides tools for hotel quality assessments. Their solutions enable hotels to better understand consumer needs, enhance their market positioning, and develop tailored products and services. By integrating big data and cloud-based technology, Joint Wisdom supports hotel brands in optimizing their operations and revenue management strategies.
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