Tourists gather near a statue of Donald Duck outside Shanghai Disneyland, May 3, 2021. Photo: Bloomberg
Trip.com to focus on domestic bookings as Covid-19 halts outbound tours
  • China’s outbound tourism had been booming before Covid-19, with 155 million Chinese travelling abroad in 2019
  • Trip.com’s major competitor, Tongcheng-Elong, reported a 1.3 per cent year on year rise in revenue for the third quarter, while profits fell 8.7 per cent
46 minutes ago