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Search results for “travel expenditure”
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020
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11:31:23 AM
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The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
China is going to be a locomotive for the travel train: Booking Holdings CEO
11/26/2020
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11:56:37 AM
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Known for his balanced perspective, Booking Holdings’ CEO Glenn Fogel believes that one shouldn’t expect immediate rebound despite emerging developments around vaccines.
Eight luxury stores including Chanel and Gucci open at high-traffic Chinese Airports
11/02/2020
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4:39:50 PM
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Total consumer expenditure will see a contraction of 5.6% this year.
Chinese OTA Tuniu reports 97% drop in packaged-tour revenue
08/28/2020
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7:01:56 PM
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The company expects net revenues to decline 80%-90% year-over-year in Q3.
Corporate travel startup Z-Trip raises $14 million, backed by Dazhong Dianping’s founder
08/13/2020
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8:57:07 AM
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China’s business travel expenditure reached USD 401 billion in 2019, with the annual growth rate exceeding 9.2%.
China tourist visas critical for Macau recovery: LVS
07/24/2020
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9:51:22 AM
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“Three steps” would need to be taken in order for the Macau market to recover.
Advertising and social media nous key to restarting Chinese tourism
07/11/2020
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1:12:32 PM
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In 2019, China accounted for some 1.4 million visitors to Australia and about USD 12.4 billion in annual tourist expenditure.
New data shows Facebook & Google ads effectiveness is fueled by TV advertising
06/17/2020
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5:53:15 PM
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Consumers who clicked on an online ad or visited the advertisers’ website, watched on average 39% more TV ads by that advertiser in the previous week than users who did not.
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