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Search results for “economic downturn”
China woos foreign tourists with visa-free policy, but will they come back?
12/04/2023
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7:21:31 PM
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China's inbound tourism still faces hurdles, including limited flight availability, reduced spending power due to global inflation, and geopolitical tensions.
Trip.com Group eyes 20% growth over longer term; Accor sees record China hotel deals | Daily Brief
09/12/2023
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8:25:44 PM
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Chinese travel booking platform Huangbaoche secures $27.4 million for overseas expansion; Airbus delivers more than 630 China-assembled A320 family aircraft over 15 years.
Chinese tourists return to Korea: a boost for tourism and retail sectors
09/07/2023
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12:46:44 PM
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Some 250,000 locations in Korea will begin to accept WeChat Pay and Alipay, the mobile payment services widely used in China.
International tourism overcoming pandemic downturn; China-ASEAN civil aviation center launched | Daily Brief
09/25/2023
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6:04:02 PM
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Accor CEO says China's hotel industry will surpass the US; Middle East becomes new holiday hit for Chinese tourists.
Baidu unloads Trip.com shares worth $159 million; Travel booking platform secures $27.4 million for overseas expansion | Weekly Review
09/16/2023
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9:23:15 AM
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Accor sees record China hotel deals as travel beats slowdown; Merlin and Tencent enhance digital experience at new Legoland resorts in China.
Marriott expects 30% RevPAR rise in China on tourism rebound; Shanghai to build third airport | Daily Brief
02/16/2023
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6:39:22 PM
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Dusit plans a post-pandemic recovery campaign in China; almost 2,000 Chinese flights to enter Thailand.
Why Marriott thinks it could fare better than in previous recessions
11/04/2022
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8:04:07 PM
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Greater China improved the most in the quarter with RevPAR 23% below 2019, 30 percentage points better than a quarter ago.
Tourism outlook 2023: Turbulence in the travel industry
11/07/2022
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8:40:21 PM
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international airlines are expected to return to profitability.
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