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MakeMyTrip posts a 61.3% drop in revenue but is on track of recovery

Gross bookings improved to $598.8 million in 3Q21 versus $213.0 million in 2Q21, reflecting an increase of 181.5% QoQ.

01/28/2021|11:42:37 PM|ChinaTravelNews

Klook secures $200 million funding; Cathay Pacific warns of higher cash burn | Daily Brief

China offers flight refunds to curb travel; Homestay industry on track to recovery.

01/26/2021|10:16:46 PM|ChinaTravelNews

On track to recovery, China’s home-share industry sees great potential

Branded properties accounted for only 5.6% of the alternative accommodation market, which was dominated by small- and medium-sized brands.

01/26/2021|11:27:51 AM|ChinaTravelNews

Travel experience booking platform Klook raises $200 million in Series E round

Ethan Lin, co-founder and CEO of Klook, said there is “no significant fluctuation in valuation”.

01/26/2021|9:39:19 AM|ChinaTravelNews

China’s hotel recovery falls off rails; New airline seeks to fly 100+ routes | Daily Brief

Chinese hotel chain Huazhu projects Q4 revenues to surpass previous guidance; UK museum reaches Chinese audiences through Alibaba Fliggy.

01/25/2021|10:12:05 PM|ChinaTravelNews

Hotel robot maker secures $77 million; Skyscanner finds new CEO | Weekly Review

Accor strengthens partnership with Alibaba Fliggy; Sequoia China, Ocean Link to invest in high-end hotel chain.

01/23/2021|10:23:29 PM|ChinaTravelNews

Skyscanner names new CEO; Homestay PMS firm raises $10.8 million | Daily Brief

Hong Kong, Singapore dethroned by Incheon as Asia’s busiest hub; Airlines in reverse with capacity cuts from Europe to China.

01/23/2021|1:03:41 AM|ChinaTravelNews

Skyscanner announces new CEO, ending "an extensive international search"

Former Travix CEO John Mangelaars will replace Moshe Rafiah who has been splitting his time as CEO between both Skyscanner and Travelfusion. All three companies are under the Trip.com Group.

01/23/2021|12:49:08 AM|ChinaTravelNews
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