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Meituan room nights drop 9.7%; China airfares rebound in rehearsal for global recovery | Daily Brief
03/26/2021|9:50:58 PM|
Hong Kong tells foreign governments to stop accepting special British passport; Travel to Xinjiang gains pace after foreign brands refuse region's cotton.
China mulls over differentiated visa policies; Club Med owner plans multi-brand expansion | Weekly Review
03/28/2021|10:43:08 AM|
Meituan reports 354.5 million room nights booked in 2020, down by 9.7%; Hotel direct sales service provider Honey Guide secures tens of millions of yuan.
China’s OTAs and hotel groups are launching more hotel brands to meet diverse demands
04/30/2021|7:15:25 PM|
Competitions in new fields and changes in business strategies are catalyzing the launch of new brands.
Hotel giant seeks innovative structure; Beijing tourism revenue plunges 53% | Daily Brief
03/25/2021|11:53:51 PM|
Huazhu reports $471 million net income in Q4; Airwallex secures $100 million.
Travel platform My Daydream receives $7.7 million in a new funding round
06/22/2018|3:30:12 PM|
My Daydream is an online platform established in 2014 for independent travel designers to present tourists with immersive and personal weekend getaways.
Smart hotel solution provider Xiezhu receives USD 45.6 million in Series B financing
03/31/2021|12:17:21 PM|
The proceeds will be used for product R&D, market expansion and customer service.
Marriott reports $164 million net loss in Q4, with Greater China leading recovery
02/19/2021|12:08:35 PM|
RevPAR in mainland China saw a meaningful rebound through the year and was down less than 10% year over year in December.
Airbnb asked to drop ties to Beijing Winter Olympics; OTA sees "robust recovery trend" | Daily Brief
03/23/2021|9:07:55 PM|
Autonomous vehicle tech firm Momenta raises $500M; Guangdong removes 7-day home quarantine for inbound arrivals.
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