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PMS provider GreenCloud gets Trip.com Group investment

All major PMS providers in China now have OTA investors following this deal.

04/16/2020|1:40:39 PM|ChinaTravelNews

Shanghai Disney steps up entrance checks; Chinese airlines lose $4.8 billion | Daily Brief

Finnair plans a joint venture with China’s Juneyao Air; Marriott's RevPAR drops 83% in Greater China in March.

04/15/2020|11:04:39 PM|ChinaTravelNews

Travel companies turn to live streaming and advance purchase for recovery

Advance purchases may not be just a provisional measure during epidemic but a regular project that will stay.

04/13/2020|2:43:20 PM|ChinaTravelNews

Major shareholders cut stakes in Trip.com Group

Baidu and Booking Holdings have both taken a step back and sold part of their stakes in the Chinese online travel giant.

04/12/2020|10:01:14 AM|ChinaTravelNews

Trustdata: Hotel room nights in China grow to 806 million in 2019

Domestic hotel room nights sold through online booking channels increased 26.7% year on year in 2019.

04/10/2020|10:38:40 PM|ChinaTravelNews

OTA expects up to 75% revenue drop; Authority buys tickets to help airlines | Daily Brief

Hong Kong will buy 500,000 flight tickets from the city’s airlines as part of a stimulus; China's domestic travelers decreased 61.4% during a three-day holiday.

04/10/2020|12:27:48 AM|ChinaTravelNews

Online leisure travel firm Tuniu posts a 1.8% rise in 2019 net revenues

Tuniu expects its net revenues to decline by 65%-75% for the first quarter this year.

04/09/2020|11:11:27 PM|ChinaTravelNews

Booking sells $106M Trip.com stake; United may resume China flights | Daily Brief

The world's largest online travel group cut the stake in its Chinese counterpart by over 3 percentage points; Accor and Alibaba extend their strategic partnership.

04/07/2020|11:35:20 PM|ChinaTravelNews
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