96,000 Chinese hotel enterprises go under in first half of 2021, up by 24.7% from last year; State airlines shy away from HNA restructuring.
In the first half of this year, 191,000 new hotel enterprises were registered, up by 11% year-on-year.
MakeMyTrip sells an investment for $38.5 million; Airbus’ edge over Boeing in China under threat.
Chinese officials respond to school reopening, travel concerns; China’s antitrust regulator planning to fine Meituan about $1 billion.
COVID-19 devastates the world, but China becomes top domestic market for first time; Sports tourism increasingly popular among China’s young generations.
HNA Group delays submitting restructuring plan till November; Meituan upgrades assurance services for unused travel orders due to the epidemic.
The group may still face the risk of bankruptcy due to the failure of restructuring.
Domestic airlines to offer free ticket refunds amid COVID-19 outbreak; Boeing 737 MAX departs for key test flight in China.
