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Hotel PMS firm raises $14 million; China accused of blocking US flights | Daily Brief
05/25/2020
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11:20:13 PM
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Car-hailing giant Didi started an international travel agency; Meituan recorded 45.5% fewer room nights due to pandemic impact.
China Southern Airlines plans to issue up to $2.25 billion in A-share convertible bonds
05/15/2020
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1:56:46 PM
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The carrier will raise RMB 10.6 billion to buy aircraft, aviation supplies and maintenance programmes, accounting for about half of the total investment the airline needed.
Canton Fair will go digital; IATA allows airline refunds in coupons | Daily Brief
04/09/2020
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2:41:47 AM
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The 127th Canton Fair will take place in mid to late June and be hosted online to prevent the spread of coronavirus; Wuhan airport re-opens to host 233 flights today.
Chinese hotel CEOs gear up for new normal, expect rebound by mid-Q2
03/28/2020
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9:08:22 PM
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Senior executives from Plateno Group’s Xana Hotelle, 7Days Inn and Vienna Hotel Co. believe that they have weathered the COVID-19 storm with apt financial planning, and by responding with compassion.
Trip.com Group invests in business lounge operator DragonPass
12/25/2019
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9:48:55 AM
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DragonPass generated revenues of 1.1 billion yuan in 2019, representing a compound annual growth rate of 40% compared to three years ago.
Alipay and Fliggy launch campaign to grow Chinese tourism to San Diego
09/10/2019
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5:56:09 PM
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The collaboration encompasses a comprehensive digital marketing campaign with Alipay and Fliggy, as well as Alipay merchant integration to make it easy for tourists to use their payment method of choice.
Foreign hotels open to diversifying distribution mix in China
07/30/2019
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6:13:44 PM
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Mini programs on Taobao, shopping links on Douyin…the new developments exemplify how exciting is China's ever-evolving e-commerce. And foreign hotel companies are increasingly trying to be a part of that.
Fliggy spearheading “Global Fun” as part of Alibaba’s globalization strategy
03/06/2019
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3:32:24 PM
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There is still much room for cross-brand synergy or consolidation under the umbrella of Alibaba.
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