Hong Kong Disneyland posts net loss in seventh year; Tencent-invested online travel firm doubles profit in 2021.
Hong Kong urged by major airlines to drop Covid tests for crew; TravelSky net profit rises 52%.
Revenues from the in-store, hotel & travel businesses increased by 53.1% year over year to RMB32.5 billion in 2021.
The online travel company has made a pertinent attempt to develop a habit of browsing content among users of its app and also to monetize the same by working on content to transaction conversion rate.
Shanghai's daily COVID caseload at nearly 1,000, but containment in sight; HK Tourism Board gets additional HKD 600M funding for promotional activities.
Revenues from corporate travel management experienced a year-over-year growth of 54% for the full year of 2021.
Hong Kong Disneyland reports seventh straight year of losses; Hotel giant Huazhu reports 25.4% revenue rise for 2021.
The restructuring by the OTA is a direct response to the demand for short-haul and local trips in China.