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Huazhu Group posts better-than-expected revenue growth in Q3
12/04/2020|8:37:54 PM|
Huazhu expects net revenues to grow by 0%-3% year-over-year for the fourth quarter.
Study tours provider Sanmaoyou closes million-dollar financing round
10/27/2020|3:15:14 PM|
Sanmaoyou aims to be a unicorn in the cultural tourism content sector in three years.
Trip.com Group reports first profit post-pandemic in Q3
12/02/2020|7:27:15 AM|
China domestic hotel reservations achieved positive growth, with mid-to-high end domestic hotel reservations reaching double digit year-over-year growth exiting the third quarter of 2020.
OTA hotel chain makes investment; Homestay giant's spinoff firm secures funding | Daily Brief
12/05/2020|1:39:24 PM|
China's hotel titans put Marriott and Hilton to shame; Huazhu posts better-than-expected revenue growth in Q3.
Hong Kong Disney park closes again; OTA revenues down by 85% | Daily Brief
12/02/2020|12:02:56 PM|
Asia Pacific hotel performance improves slightly in Q3; COTRI projects 100 million international trips by China in 2021.
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.
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