Around 7.8 million travelers joined organized domestic tours in the second quarter this year, 83% less than the same period last year.
Singapore, China to restore normal air travel "at appropriate time"; China orders mass coronavirus testing in Chengdu.
China plans first domestic luxury cruise line with Viking; HNA Group, Trip.com sign MoU on air travel, Internet tech.
Trip.com Group-owned hotel chain Rezen invests in a hotel management firm; Homesharing giant Tujia's rural operation spin-off firm secures $15.3 million funding.
China's hotel titans put Marriott and Hilton to shame; Huazhu posts better-than-expected revenue growth in Q3.
The domestic hotel market is leading the overall recovery, uplifting the entire travel sector in China. Trip.com Group’s accommodation revenue in Q3 was USD 365 million, a 98% increase from the previous quarter.
GreenTree Hospitality registers 8.6% drop in revenues; Meituan bounces back in Q3, witnesses peak daily GTV across main businesses.
The company will work on securing boutique and diversified inventory in addition to sourcing deals of mass popularity.