Unlike traditional group buying, the new offering can be redeemed and managed through online self-service.
China’s business travel expenditure reached USD 401 billion in 2019, with the annual growth rate exceeding 9.2%.
China business travel returns for Marriott; Accor, Alibaba Fliggy join forces at Super Brand Day.
Greater Bay Airlines seeks Hong Kong approval to take off; Travel companies will be more cautious in approaching markets in China due to geopolitical tension.
Booking Holdings gets a triple return on Meituan investment; Jin Jiang remains Accor's biggest shareholder with a 13% stake.
Hilton hotels' occupancy exceeds 60% in China; Fosun Tourism rebrands Thomas Cook as a lifestyle online platform.
The acquisition and integration of Thomas Cook’s brand assets converge with Fosun Tourism’s strategy of integrating industry operations with strategic investments.
The cooperation is expected to generate synergies for both digital platforms.
