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Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief
03/23/2020
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11:34:25 PM
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Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.
Trip.com Group buys OTA Travix; Tuniu receives Nasdaq compliance warning | Daily Brief
05/23/2020
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11:46:32 AM
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The hotel sector is heavily impacted by COVID-19 and brands could lose up to USD 14 billion of cumulative brand value; China dismisses suspending applications for private passports as a rumor.
China suspending applications for private passports 'a rumor'
05/22/2020
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1:58:25 PM
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Private passport applications are operating normally but not encouraged, because the epidemic has not yet ended.
Chinese OTA denies mass layoffs as it merges airline, travel agency units
04/21/2020
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5:03:15 PM
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An insider at Tongcheng said the firm’s consolidation would involve some staff restructuring, but no mass redundancies.
TripAdvisor is trying to sell its vacation rental businesses
03/16/2020
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4:33:56 PM
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The TripAdvisor brand itself in vacation rentals would not be sold outright, but the demand could be licensed.
China’s travel industry takes actions to fight against coronavirus - Virus Updates
01/25/2020
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9:27:14 PM
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At a time when the country is mobilizing medical teams nation-wide to fight the virus in Wuhan, China’s travel industry is also taking measures to participate in the fight.
Fosun Tourism wishes global families to “take a FOLIDAY, instead of a holiday”
03/06/2019
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5:28:20 PM
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With differentiated brands, products and customers, the Chairman and CEO of Fosun Tourism sees more synergy than competition.
Chinese reality show to deliver multimillion-dollar tourism boost to WA
01/24/2019
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3:04:13 PM
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Tourism Minister Paul Papalia said Tourism WA would be working with Chinese travel agents to make sure the exposure translated into bookings and a boost for the local tourism industry.
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