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OYO appoints CEO for its China unit

The China market generated USD 307 million in revenue for OYO in FY2019, but also posted a net loss of USD 197 million, accounting for nearly 60% of the company's total annual loss.

05/16/2020|10:33:18 PM|ChinaTravelNews

OTAs vow to drop rate parity; Travel recovery to peak after September | Weekly Review

IHG starts flagship store on Trip.com Group; 70% of OYO hotels in China are now back to business.

05/16/2020|10:49:34 AM|ChinaTravelNews

Ctrip launches IHG flagship store, 70% of OYO China hotels reopened | Daily Brief

Chinese carriers are likely to see a full recovery by 2021; Beijing is mulling to cut red tape and fast-track cross-border checks with Taiwan, Hong Kong, Macao and South Korea.

05/15/2020|7:36:48 AM|ChinaTravelNews

Hong Kong regulator accepts OTA giants' pledge to drop rate parity

Booking.com, Expedia and Trip.com Group have vowed to remove their rate-parity contract terms with accommodation providers in Hong Kong.

05/14/2020|2:38:21 PM|ChinaTravelNews

Trip.com Group launches IHG flagship store

The cooperation will allow over 300 million Ctrip members in Greater China to register with the IHG Rewards Club.

05/14/2020|1:50:49 PM|Trip.com Group

China issues $1.87 billion special bonds to support major tourism projects

As of the end of March, 23 local governments in the nation had issued special bonds, raising a total of RMB 13.259 billion (USD 1.87 billion) in support of the cultural and tourism sectors.

05/12/2020|9:56:50 AM|ChinaTravelNews

China clears way to restart MICE events; Livestreams to boost tourism | Daily Brief

Shanghai Disneyland sold out of tickets for its May 11 reopening within minutes; Travel short video service provider raises millions of yuan.

05/12/2020|1:24:14 AM|ChinaTravelNews

Travel short video service provider Jufeng Network raises millions of yuan

The company wants to help tourist attractions, homestay businesses, hotels and itineracy providers build quality travel brands.

05/12/2020|12:43:14 AM|ChinaTravelNews
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