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Meituan warns of pandemic-hit loss; Shanghai attractions close again | Daily Brief

State bank ICBC provides USD 14.5 billion in financing to cultural and tourism firms in Beijing; TravelSky processed 1,071.9 million transactions and 432.8 million BSP tickets last year.

03/31/2020|12:09:00 AM|ChinaTravelNews

Online tour guide provider Lvji generates 96.4% revenue through OTAs

The sale through Lvji's own APP contributed less than 1% of the company's total revenue.

03/30/2020|10:30:04 PM|ChinaTravelNews

Jin Jiang Hotels generates $2.1 billion in operating revenue in 2019

Jin Jiang Hotels recently entered into the buyout agreement of guest rooms and related services with Jin Jiang International.

03/30/2020|9:39:12 PM|ChinaTravelNews

Tencent-invested Meituan registers 110 million room nights in Q4

Meituan estimates negative year-over-year revenues growth and operating loss for the first quarter of 2020 due to the pandemic.

03/30/2020|6:29:26 PM|ChinaTravelNews

TravelSky grows aviation IT revenues by 8.6% in 2019

System integration service revenue rose 23.3% to RMB 1,168.0 million for 2019, accounting for 14.4% of the company’s total revenue in the year.

03/30/2020|2:45:53 PM|ChinaTravelNews

Virus may cost 75M travel jobs; Forward bookings show dramatic rebound | Weekly Review

Hotel giant leverages equity investments to grow profit significantly last year; Chinese visitors to Japan plunge 87.9% in February.

03/28/2020|9:54:45 PM|ChinaTravelNews

Chinese hotel CEOs gear up for new normal, expect rebound by mid-Q2

Senior executives from Plateno Group’s Xana Hotelle, 7Days Inn and Vienna Hotel Co. believe that they have weathered the COVID-19 storm with apt financial planning, and by responding with compassion.

03/28/2020|9:08:22 PM|ChinaTravelNews

ANA partners Skyscanner on direct booking; Travelzoo furloughs global workforce | Daily Brief

Three Chinese airline partners work with KLM to support the Netherlands's virus containment; Hong Kong Disney extends ticket expiry date.

03/28/2020|12:28:17 AM|ChinaTravelNews
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