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Chinese hotel giant Huazhu offloads partial stake in Accor last year

Same-hotel RevPAR growth continued to slow down in 2018-2019, reflecting oversupply in hotel market and intensified competition in greater accommodation industry with alternative lodging.

04/25/2020|8:22:54 PM|ChinaTravelNews

Shanghai Disney testing parade for reopening; Klook furloughs hundreds | Weekly Review

Parent of Chinese OTA Tongcheng-Elong denied speculation about mass layoffs; A study finds COVID-19 will dent China's total tourism income by a third this year.

04/25/2020|6:12:10 PM|ChinaTravelNews

May holiday flight sales plummets; Tuniu completes most travel refunds | Daily Brief

Hong Kong's daily visitor arrivals declined to less than 100 persons in early April; Shanghai Disney is testing parade and more for reopening.

04/25/2020|11:54:59 AM|ChinaTravelNews

Accor RevPAR falls 67.7% in China; Flights show recovery signs since March | Daily Brief

Some 3,770 tourist attractions in China have resumed operation and launched online booking access.

04/24/2020|12:43:36 AM|ChinaTravelNews

Expedia names new CEO, raising $3.2 billion amid COVID-19

Preliminary results show that room nights dropped by 12%-17% to 67-71 million in the first quarter and gross bookings were down by 38%-43% at USD 17.1-18.5 billion.

04/23/2020|11:03:23 PM|ChinaTravelNews

OTA denies mass layoffs; Klook lets go of hundreds | Daily Brief

Tongcheng Group will merge Hongtu Airlines, Tongcheng International Travel Service and Tongcheng Travel into a new company called Tongcheng Aviation & Travel; China's airline market could see further consolidation.

04/21/2020|11:04:52 PM|ChinaTravelNews

Travel companies tap advance purchases; Disney hints at stricter checks | Weekly Review

Chinese travel executives look to advance purchase offerings for recovery; Carnival says China may be among the first areas to cruise again.

04/18/2020|12:58:40 PM|ChinaTravelNews

Trip.com investor ups Meituan stake; Hilton's China occupancy rises | Daily Brief

China's airline IT service giant TravelSky injects USD 141 million into a 5G-focused investment fund; Carnival said China might be among the first areas where cruise lines start sailing again.

04/17/2020|10:34:10 PM|ChinaTravelNews
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