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Ocean Park Hong Kong posts annual loss despite record visitors and revenue

Ocean Park Hong Kong posts annual loss despite record visitors and revenue

The company had reported annual loss for four consecutive years even before the pandemic.

12/03/2024|9:41:03 PM|ChinaTravelNews
Meituan counts on its membership initiative for travel business

Meituan counts on its membership initiative for travel business

The tech-driven retail company’s decision to expand its Shen Hui Yuan membership program allowed Meituan to reach consumers in lower-tier cities as part of its effort to stimulate local consumption.

12/03/2024|1:09:16 PM|ChinaTravelNews
Trip.com’s battle in Asia Pacific: How does China’s top OTA stack up against global giants?

Trip.com’s battle in Asia Pacific: How does China’s top OTA stack up against global giants?

Niche segments of the region will be key battlegrounds over the next few years.

12/02/2024|6:35:49 PM|ChinaTravelNews
H World Group strengthens direct B2B sales capability

H World Group strengthens direct B2B sales capability

The company is confident that strengthening these capabilities will further enhance its membership program and drive sustainable growth.

11/30/2024|10:55:03 AM|ChinaTravelNews
U.S. downgrades China travel advisory, easing obstacles for bilateral exchange

U.S. downgrades China travel advisory, easing obstacles for bilateral exchange

China is now considered as safe to travel to as France and Germany, by the U.S.

11/29/2024|4:53:23 PM|ChinaTravelNews
Airport Authority Hong Kong acquires 35% stake in Zhuhai Airport

Airport Authority Hong Kong acquires 35% stake in Zhuhai Airport

The deal extends Airport Authority Hong Kong’s management and operating rights at Zhuhai Airport until 2046.

11/28/2024|10:12:40 PM|ChinaTravelNews
China announces visa-free policy for Japanese citizens, what do Japanese think?

China announces visa-free policy for Japanese citizens, what do Japanese think?

The overseas popularity of Chinese destinations still needs improvement.

11/27/2024|7:03:31 PM|ChinaTravelNews
Chinese hotel giant H World sees Q3 occupancy rate down by one percentage point

Chinese hotel giant H World sees Q3 occupancy rate down by one percentage point

Hotels in operation for at least 18 months representing a 10.3% decline in RevPAR.

11/27/2024|6:54:09 PM|ChinaTravelNews
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