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China’s hotel recovery falls off rails; New airline seeks to fly 100+ routes | Daily Brief
01/25/2021|10:12:05 PM|
Chinese hotel chain Huazhu projects Q4 revenues to surpass previous guidance; UK museum reaches Chinese audiences through Alibaba Fliggy.
On track to recovery, China’s home-share industry sees great potential
01/26/2021|11:27:51 AM|
Branded properties accounted for only 5.6% of the alternative accommodation market, which was dominated by small- and medium-sized brands.
Hotel robot maker secures $77 million; Skyscanner finds new CEO | Weekly Review
01/23/2021|10:23:29 PM|
Accor strengthens partnership with Alibaba Fliggy; Sequoia China, Ocean Link to invest in high-end hotel chain.
Accor steps up alliance with Alibaba; Sequoia China to invest in upscale hotel chain | Daily Brief
01/21/2021|10:16:53 PM|
Minor Hotels partners with Funyard Hotels for China expansion; China estimates 40% fall in Lunar New Year passenger trips from 2019.
Travel experience booking platform Klook raises $200 million in Series E round
01/26/2021|9:39:19 AM|
Ethan Lin, co-founder and CEO of Klook, said there is “no significant fluctuation in valuation”.
Sequoia China joins Trip.com-backed PE firm in offer to take New Century Hotel private
01/21/2021|2:44:05 PM|
Upscale hotel chain just got listed on Hong Kong Stock Exchange less than two years ago.
Skyscanner names new CEO; Homestay PMS firm raises $10.8 million | Daily Brief
01/23/2021|1:03:41 AM|
Hong Kong, Singapore dethroned by Incheon as Asia’s busiest hub; Airlines in reverse with capacity cuts from Europe to China.
Chinese airlines return to profitability; Radisson Hotel grows in Asia Pacific | Weekly Review
01/17/2021|3:03:40 PM|
WeChat Pay aims to bring Chinese consumers to travel and hospitality; Chinese investment in Cambodia’s "next tourism hotspot" has raised concerns.
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