Posts by author

Peden Doma Bhutia

23 posts

Lunar New Year Holiday: Thailand Now Outpacing Japan As Travelers’ Choice

🇨🇳 Chinese New Year travelers, from February 15-23, made 9.5 million border crossings, a 10% increase from last year. Despite Japan's declining popularity due to diplomatic tensions, Thailand filled the gap, and South Korea saw higher spending. Online travel platforms like Fliggy and Mafengwo reported nearly 30% growth in outbound flights and reservations. New travel markets in Central Asia and South America experienced significant gains. The 2026 Chinese New Year will be another lengthy holiday.
View Post
Share

Trip.com Group Points to Massive Inbound Tourism Opportunity in China

📈 Trip.com Group's Q4 2025 earnings call highlighted a net revenue of RMB 15.4 billion ($2.2 billion), a 21% increase year-over-year. CEO Jane Sun emphasized the potential of expanding inbound travel to China, which currently contributes only 0.5% to China's GDP. Inbound tourism could grow five to ten times, aligning more with countries like Thailand, where it accounts for over 10% of GDP. In 2025, Trip.com served over 20 million inbound travelers, nearly doubling from the previous year.
View Post
Share

Prism Acquires 10 Sonder Properties to Bring Belvilla Brand to U.S.: Exclusive

🏠 Belvilla, a European vacation rental company owned by Prism, has expanded into the U.S. by acquiring leases for 10 properties during Sonder's bankruptcy proceedings. Three properties are operational: The Dutch and Court Square in Long Island City, Queens, New York, and The Louie Hotel in New Orleans. These operate under Belvilla’s upscale brand, Belvilla District 6. U.S. bookings aren't on Belvilla's site yet but are available on Oyo's platform with "Belvilla District 6" rebranding.
View Post
Share