Commitments and Contingencies	12 Months Ended
Dec. 31, 2020
Commitments and Contingencies
Commitments and Contingencies	22. Commitments and Contingencies (a) Capital Commitments As of December 31, 2020, capital commitments relating to leasehold improvement, purchase of equipment and construction of office building were approximately RMB211,297. (b) Contingencies From time to time, the Group is involved in claims and legal proceedings that arise in the ordinary course of business. Based on currently available information, management does not believe that the ultimate outcome of these unresolved matters, individually and in the aggregate, is likely to have a material adverse effect on the Group’s financial position, results of operations or cash flows. However, litigation is subject to inherent uncertainties and the Group’s view of these matters may change in the future. If an unfavorable outcome were to occur, there exists the possibility of a material adverse impact on the Group’s financial position and results of operations for the periods in which the unfavorable outcome occurs. 22. Commitments and Contingencies - continued (c) Other commitments Deposits or guarantees are required by the Group’s business partners for air ticketing and tourist attraction tickets. Letters of guarantee are issued by banks to the Group’s business partners with total amount of RMB446 million and RMB84 million as of December 31, 2019 and 2020, respectively.

Commitments and Contingencies

12 Months Ended

Dec. 31, 2020

22. Commitments and Contingencies

(a) Capital Commitments

As of December 31, 2020, capital commitments relating to leasehold improvement, purchase of equipment and construction of office building were approximately RMB211,297.

(b) Contingencies

From time to time, the Group is involved in claims and legal proceedings that arise in the ordinary course of business. Based on currently available information, management does not believe that the ultimate outcome of these unresolved matters, individually and in the aggregate, is likely to have a material adverse effect on the Group’s financial position, results of operations or cash flows. However, litigation is subject to inherent uncertainties and the Group’s view of these matters may change in the future. If an unfavorable outcome were to occur, there exists the possibility of a material adverse impact on the Group’s financial position and results of operations for the periods in which the unfavorable outcome occurs.

22. Commitments and Contingencies - continued

Deposits or guarantees are required by the Group’s business partners for air ticketing and tourist attraction tickets. Letters of guarantee are issued by banks to the Group’s business partners with total amount of RMB446 million and RMB84 million as of December 31, 2019 and 2020, respectively.