RevPAR was RMB 124 for the fourth quarter in 2020, down by 3.2% year-over-year but up by 4.1% quarter-over-quarter.
In the first quarter this year, 928,233 passenger flights were operated, up by 28.2% year-on-year.
Hong Kong wants to require a vaccine for Singapore travel bubble; Airbus increases deliveries as travel revives in US, China.
OTA data shows boom in Chinese demand for travel to Macao in upcoming May holiday; Air France to boost China Eastern venture after share issue.
Huazhu is planning to use Steigenberger Icons as a strategic vehicle to move into the luxury hotel segment within the Asian market.
INEOS Styrolution chooses cytric Expense for its China & Hong Kong operations to help seamlessly process travel expenses and other work-related purchases.
The travel sector is counting on consumers from lower-tier cities as a vital cog for not only revenue generation in the short-term, but also as a growth engine for the future.
China’s tourism to rake in $195 billion in first half of 2021; Macao expected to be "dark horse" in the coming May holidays.
