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China’s hotel industry first to show growth; Chinese tourists arrive in Thailand | Daily Brief
10/22/2020|12:23:56 AM|
Hong Kong-Singapore travel bubble has one flight a day; Universal Beijing Resort unveils new theme park details.
Travel brands count on online social posts to stay afloat
11/26/2020|8:21:41 AM|
Whatever is being expressed on platforms like Twitter, Weibo or TikTok is an indication of how travel is being missed and proactive companies have already tried to make the most of the same.
Chinese OTA Tuniu reports net loss of $9.1 million in Q3
12/01/2020|10:07:45 PM|
The company expects net revenues to drop 70%-75% in the next quarter.
Infor launches AWS-based cloud PMS for Chinese hotels
12/02/2020|10:20:02 PM|
Hospitality brands including Mandarin Oriental Group, Swire Hotels and Artyzen Hospitality Group have worked with Infor HMS in the Asia Pacific region.
IHG hotel occupancy improves to 57% in China
10/26/2020|9:13:21 AM|
A full industry recovery will take time and uncertainty remains regarding the potential for further improvement in the short term.
Tongcheng-elong’s CEO throws light on effective recovery strategy in Q3
11/28/2020|8:52:19 PM|
The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
China suspends 133 international flights; Trip.com Group focuses on content | Daily Brief
12/04/2020|3:07:07 AM|
GreenTree Hospitality registers 8.6% drop in revenues; Meituan bounces back in Q3, witnesses peak daily GTV across main businesses.
Ctrip cuts into car-sharing market for a slice of the growing pie
02/23/2018|2:47:30 PM|
Ctrip’s car unit CEO believes that the current fragmented needs for car rental usage, unlike daily and monthly rental demands in the past, cannot be ignored.
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