Chinese travel companies raise $5.6 billion last year; China rejects BN(O) passport as travel document.
Quality services such as custom trips and outbound travel were among the most attractive targets for investors.
Beijing raises Covid requirements on travelers from low-risk area; China urges less travel during upcoming holiday.
Major carriers delay deliveries from Airbus, Boeing; China-backed group loses $10 billion Philippine airport project.
China offers flight refunds to curb travel; Homestay industry on track to recovery.
The 10th edition of the Convention will take place on the second day of the ITB China Special Edition, 8 May 2021, to feature in-depth discussions on industry practices and new trends.
Branded properties accounted for only 5.6% of the alternative accommodation market, which was dominated by small- and medium-sized brands.
Ethan Lin, co-founder and CEO of Klook, said there is “no significant fluctuation in valuation”.