The most popular direct route in 2018 was Shanghai-Paris which saw 265,000 passengers.
The share of the Chinese tourists visiting Los Angeles while in the U.S. grew from 35% in 2017 to 41% last year.
The China hotel market is expected to be USD 136 billion (yuan 938 billion) by the end of the year 2023.
Though the company’s executives said that fresh funds would be injected by early July, it still seems to be a long way from securing that cash.
The co-branded hotels have a bright future, with the potential to extend to more than 30 properties across EMEA.
Now, it seems that much of China Southern’s future plans shaped the rationale for the carrier to leave Skyteam.
In the first phase of the partnership, OYO will list 8,000 of its standardised accommodations on the Meituan Hotels platform.
The firm will use the proceeds for talent recruitment, especially for research and development, and hire sales team for its robotic process automation (RPA) products.
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