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Huazhu projects Q4 revenues to surpass previous guidance
01/25/2021|3:16:28 PM|
RevPAR of the Legacy-Huazhu hotels (excluding Deutsche Hospitality) for the fourth quarter was RMB 186, down by 2.4% year-over-year, but up from RMB 179 in the previous quarter.
APAC travel-intent analysis shows domestic peak in upcoming holiday
01/17/2021|12:04:12 PM|
The Lunar New Year is seeing that in Hong Kong, more than 50% are looking at exploring international travel.
Hotel service robot supplier Yunji Technology secures $77 million in 10 months
01/19/2021|6:15:11 PM|
The Beijing-headquartered company is now serving more than 5,000 hotel clients and has been adding over 1,000 clients every month.
Trip.com Group’s Q3 accommodation revenue rose by 98% over Q2
12/04/2020|10:52:34 AM|
The domestic hotel market is leading the overall recovery, uplifting the entire travel sector in China. Trip.com Group’s accommodation revenue in Q3 was USD 365 million, a 98% increase from the previous quarter.
Accor sets ambitious line-up for new hotel openings in 2021
01/20/2021|3:28:48 PM|
For the Greater China region, Accor plans to open five major hotels in Sanya, Hangzhou, Hong Kong, Chengdu and Pinghu.
China’s domestic air market nearly recovered, the rest of world still depressed
12/10/2020|12:30:23 AM|
China’s domestic traffic was down just 1.4% in October compared to October a year ago.
Annual travel-funding report: Chinese companies raise $5.6 billion, down 70%
01/29/2021|10:47:31 AM|
Quality services such as custom trips and outbound travel were among the most attractive targets for investors.
OTAs buy into hoteliers; MGM China advised to partner travel giants | Weekly Review
01/09/2021|9:49:25 PM|
China restricts travel for 11 million people in northern city; Weibo big data report shows family travel and “go west” are trending for hotels.
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