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Club Med parent plans multi-brand offline expansion post-pandemic

By 2023, Fosun Tourism plans to open 16 new Club Med resorts, half of which will be located in China.

03/24/2021|8:42:27 PM|ChinaTravelNews

Airbnb asked to drop ties to Beijing Winter Olympics; OTA sees "robust recovery trend" | Daily Brief

Autonomous vehicle tech firm Momenta raises $500M; Guangdong removes 7-day home quarantine for inbound arrivals.

03/23/2021|9:07:55 PM|ChinaTravelNews

Major Chinese OTA Tongcheng-Elong sees "continuing robust recovery trend" in Q4

The company's average monthly paying users increased by 5.9% year-to-year to 28.7 million in Q4 2020, but average monthly active users decreased by 4.8% to 196.0 million.

03/23/2021|5:55:54 PM|ChinaTravelNews

China considers differentiated visa policies; Co-living startup helps hotels switch to monthly leases | Daily Brief

Hyatt increases footprint in Asia Pacific; Trip.com Group mimicks partner Tripadvisor with new content offerings.

03/22/2021|9:53:07 PM|ChinaTravelNews

Hotel membership operator raises fund; expense management startup invested by Tencent | Weekly Review

Trip.com Group counts Baidu as top investor, overseas revenue drops significantly; China asks visa applicants to get inoculated with Chinese-made vaccines.

03/21/2021|1:46:52 PM|ChinaTravelNews

Expense management startup raises $92.5M; Canton Fair stays virtual in April | Daily Brief

Visa rules relaxed for Chinese vaccine recipient in 26 countries; Cologne uses WeChat to attract Chinese tourists.

03/19/2021|10:30:06 PM|ChinaTravelNews

Corporate expense management platform Fenbeitong secures $92.5 million from Tencent, Hillhouse

The company’ revenue grew 300% annually over 2018-2020.

03/19/2021|1:46:34 PM|ChinaTravelNews

Chinese outbound tourism to recover in 5 years; HNA starts restructuring | Daily Brief

More flights serve Beijing amid easier quarantine; China studying international travel policies for inoculated groups.

03/18/2021|11:15:50 PM|ChinaTravelNews
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