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Huazhu Group forms joint venture with Sunac China

The joint venture company, named Yongle Huazhu Hotel & Resort Group, is formed with a total registered capital of RMB 50 million.

03/23/2021|10:58:52 AM|ChinaTravelNews

China considers differentiated visa policies; Co-living startup helps hotels switch to monthly leases | Daily Brief

Hyatt increases footprint in Asia Pacific; Trip.com Group mimicks partner Tripadvisor with new content offerings.

03/22/2021|9:53:07 PM|ChinaTravelNews

9 megatrends of Chinese tourism post-pandemic

For companies seeking megatrends of the global travel recovery, the China market may provide some food for thought.

03/18/2021|3:45:06 PM|Joseph Wang, ChinaTravelNews

China to vaccinate 70% of population by 2022; Polar Bear Hotel faces criticism | Daily Brief

US warns it could restrict Cathay Pacific flights; Airlines fuel optimism that USA can replicate China’s rapid domestic recovery.

03/17/2021|11:11:51 PM|ChinaTravelNews

OTA's international revenue drops; Hotel membership startup secures new funding | Daily Brief

China asks visa applicants to get inoculated with Chinese-made vaccines; Leisure-focused OTA Tuniu expects to narrow revenue drop next quarter.

03/16/2021|10:58:14 PM|ChinaTravelNews

Global theme park brands accelerate expansion; China plans "1-2-3 Travel Circle" | Daily Brief

TravelSky projects annual net profit of more than $60 million; China to ease domestic travel restrictions, allowing train travel without COVID-19 test report.

03/15/2021|11:28:56 PM|ChinaTravelNews

Upscale hotel group New Century reports 17% revenue decrease in 2020

The RevPAR of mid-scale full service hotels was RMB181.5 in the second half of 2020, representing an increase of 88.5% from RMB96.3 of the first half of 2020.

03/15/2021|9:45:34 PM|ChinaTravelNews

Deutsche Hospitality CEO: Finding the right partner in China is important

The German hotel group plans to quintuple its hotel portfolio by 2025, partly through mergers and acquisitions.

03/15/2021|10:48:55 PM|Jerry Tang, ChinaTravelNews
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