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Baidu founder exits Trip.com board; Digital yuan introduced to business air travel | Daily Brief
07/21/2023
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5:29:03 PM
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iQIYI launches first parent-child theme park; Meituan acquires 10% stake in Zhipu AI.
Disney is unlikely to build a third resort in China; Leisure-focused OTA firm posts 52.3% rise in Q1 revenue | Weekly Review
06/10/2023
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10:05:41 AM
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Legend Capital to sell some Atour shares for over $85 million; Goldman Sachs buys Casa Cook and Cook’s Club brands from Fosun.
Oman pins hope on Chinese tourists; Tencent boosts digital payments for overseas users in China | Daily Brief
07/20/2023
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7:49:12 PM
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Shanghai, Fujian launch tourist train travel plan; China’s largest budget carrier provokes controversy after its stewardess insult passengers.
Accor, Sunmei get 10 new hotel projects signed in 12 months; China’s outbound travel to fully recover in 2024 H2 | Daily Brief
07/19/2023
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6:58:24 PM
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Chinese tourists killed in Vietnam bus overturn; Greater Bay Airlines joins Sabre’s system to support international expansion.
Peak summer airline capacity but mind the gaps!
07/19/2023
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3:16:45 PM
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This month 5% of Chinese capacity will be to international destinations, but it’s just half of pre-pandemic levels although ten times larger than last year.
China's first home-grown cruise ship starts trial trip; Listed tourism firms back in the black in H1 | Daily Brief
07/18/2023
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7:37:37 PM
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Pansy Ho nominated as non-executive director for China Southern Airlines; Delta and China Eastern offer baggage check-through service via Shanghai Pudong Airport.
Cathay expects interim profit of up to HK$4.5 billion
07/17/2023
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2:38:03 PM
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Cathay carried more than 7.8 million passengers in the first six months, compared with about 335,000 a year ago.
Chinese airlines unveil more overseas routes; Legend Capital to sell some Atour shares | Daily Brief
06/09/2023
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11:21:54 PM
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Leisure-focused OTA firm Tuniu posts 52.3% rise in Q1 revenue; Airbnb predicts China's outbound travel is promising this summer.
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