AirAsia X expands China network with flights to Beijing; Wanda Hotel to open up to 35 hotels in 2023 despite profit drop.
Marriott expects over 500 hotels in Greater China in 2023; Meituan’s local commerce segment shines even in tough Q4.
Alipay records rebound in outbound Chinese tourist spending amid recovery; Chinese carriers cut aviation fuel surcharges for second time this year to spur demand.
Hong Kong tourism watchdog regulates budget tours; MGM China ends 2022 with loss of over HKD 5.2 billion.
The Chinese hotel group reported a net loss of USD 12 million for Q4, but a net income of USD 14 million for full year 2022.
Meituan co-founder acquires AI startup; Hong Kong’s travel industry council builds new B2B platform.
China resumes 144-hour visa-free transit policy; Hong Kong tourism chief vows to tackle ‘poor quality’ tours.
In 2022, Trip.com Group derived approximately 37% of the total revenues from accommodation reservation.