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Levanda raises $5M as real estate and hospitality get closer
09/18/2019|4:42:17 PM|
The idea behind the company is to connect institutional real estate portfolio brokers with homestay and sharing economy-type services, such as Airbnb.
Klook partners with West Japan Railway
09/18/2019|3:00:33 PM|
Klook has seen rail grow to become a preferred mode of transport among FITs visiting western Japan, with nearly a 500% increase in rail services bookings made between August 2018 and August 2019.
China needs $1.3 trillion worth of new planes in 20 years, Boeing says
09/18/2019|2:40:31 PM|
Chinese airlines will need to buy 8,090 new planes in the next 20 years, or about USD 1.3 trillion worth of aircraft, according to a report published by Boeing.
Beijing's Universal theme park to open doors in 2021
09/18/2019|2:26:47 PM|
The theme park industry is booming in the country, highlighted by the Shanghai Disney Resort.
Will downsizing inflight meal service lead to airfare decrease?
09/18/2019|10:04:15 AM|
For the big airlines, the point of downsizing meal service lies in preparing the mindset for embracing the “fare family” airfare strategy.
Hong Kong hotels witness all-time low occupancy at 63.9%
09/17/2019|5:10:59 PM|
Hong Kong reported a massive decline in hotel demand at 28.8% with average occupancy for August dropping 29.8% to 63.9%; competition increased as hotel supply rose 1.5%.
Kambr raises $4 million to help airlines manage online bookings
09/17/2019|4:01:55 PM|
Kambr wants to change how airline analysts manage flight prices and inventory and the goal is to build an ad-tech product that helps airlines target potential customers.
Shenzhen airport sees jump in passengers as HK declines
09/17/2019|2:10:23 PM|
Shenzhen Airport reported an increase of 9.2% in passenger traffic in August while Hong Kong airport said it handled 12.4% fewer passengers in the month compared to the same period last year.
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