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Huazhu reports $471 million net income in Q4, expecting net revenue growth to top 50% in 2021
03/24/2021|10:15:50 PM|
Hotel turnover increased 17.5% year-over-year to RMB 11 billion for the fourth quarter, and decreased 5.6% to RMB 33 billion for the full year of 2020.
Chinese outbound tourism to recover in 5 years; HNA starts restructuring | Daily Brief
03/18/2021|11:15:50 PM|
More flights serve Beijing amid easier quarantine; China studying international travel policies for inoculated groups.
Expense management startup raises $92.5M; Canton Fair stays virtual in April | Daily Brief
03/19/2021|10:30:06 PM|
Visa rules relaxed for Chinese vaccine recipient in 26 countries; Cologne uses WeChat to attract Chinese tourists.
Domestic revenue of Chinese travel agencies totals USD 18.33 billion in 2020
04/21/2021|2:23:49 PM|
Operating revenue of travel agencies topped USD 36.7 billion last year.
China to vaccinate 70% of population by 2022; Polar Bear Hotel faces criticism | Daily Brief
03/17/2021|11:11:51 PM|
US warns it could restrict Cathay Pacific flights; Airlines fuel optimism that USA can replicate China’s rapid domestic recovery.
Trip.com works with Amadeus' cloud-based flight search platform
04/20/2021|3:01:23 PM|
Global online travel services provider signs long-term cloud technology agreement with the world's biggest GDS firm.
Deutsche Hospitality CEO: Finding the right partner in China is important
03/15/2021|10:48:55 PM|
The German hotel group plans to quintuple its hotel portfolio by 2025, partly through mergers and acquisitions.
Global theme park brands accelerate expansion; China plans "1-2-3 Travel Circle" | Daily Brief
03/15/2021|11:28:56 PM|
TravelSky projects annual net profit of more than $60 million; China to ease domestic travel restrictions, allowing train travel without COVID-19 test report.
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