Trip.com Group today showcased its vision for the future of travel at its Envision 2023 global partner conference. The conference was attended by about 700 industry partners globally.
Trip.com Group today showcased its vision for the future of travel at its Envision 2023 global partner conference. The conference was attended by about 700 industry partners globally.
ITB China, the marketplace for China’s travel industry, is thrilled to announce its collaboration with Trip.com Group, the leading global travel service provider for this year’s highly anticipated event, taking place from 12 – 14 September 2023 in Shanghai.
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 performance against specific environmental targets.
China’s Trip.com Group has signed a memorandum of understanding with the Saudi Tourism Authority to promote Saudi Arabia as a tourism destination. As part of the collaboration, Trip.com and Saudi Tourism Authority will launch joint marketing campaigns in several markets to drive awareness and attract tourists to Saudi Arabia through Trip.com, Ctrip, Travix, and other travel companies. These markets include Australia, China, Germany, Indonesia, Japan, Malaysia, Singapore, South Korea and UK. In addition, both parties will also embark on several capacity-building and knowledge-sharing initiatives in various aspects, including digital payment solutions, sustainability, ticketing, and training. “With Trip.com Group’s market capability and advanced technology, I believe the partnership will encourage and entice more visitors worldwide to Saudi Arabia and further enhance recovery in the global tourism sector,” said Fahd Hamidaddin, CEO of the Saudi Tourism Authority. In November last year, Trip.com Group signed an agreement to promote Qatar across the globe as a family-friendly tourism destination, and an agreement with Abu Dhabi was signed in May 2022. Speaking at the Skift Global Forum East, Trip.com’s Chief Operating Officer, Schubert Lou, said old marketing strategies would not work on the new Chinese traveler. Saudi Arabia had earlier said that it aims to attract 3.9 million visitors from China annually by 2030. In 2019, when Saudi Arabia opened to tourism, the maximum number of tourist visas issued were to Chinese tourists. More than 100,000 Chinese tourists visited Saudi Arabia in 2019.
Online travel company Trip.com Group has joined hands with flag carrier Cambodia Angkor Air to position the new Angkor International Airport as a smart airport in the region.
Even as more than 70 percent of its customer requests are currently handled by artificial intelligence (AI) chatbots, online travel company Trip.com Group remains cautious about the commercial implementation of AI.
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