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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.
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.
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.
MGM advised to bring in new investor; China restricts travel in northern city | Daily Brief
01/07/2021|12:44:54 AM|
Qantas pushes back flights to Hong Kong, Japan; China Eastern Airlines subsidiary outlines launch network.
Shareholder urges MGM China to bring in new investor like Meituan, Trip.com or Huazhu
01/07/2021|12:23:53 AM|
MGM Resorts International can be an important partner for the strategic shareholder’s future internationalization efforts, especially in outbound consumer services to the U.S. and Japan.
Airline connects with Pinduoduo via NDC; Hotel data startup secures $25M | Weekly Review
01/02/2021|11:18:56 AM|
Ctrip's group-tour report reveals a new era for small, private groups; India asks airlines not to fly Chinese nationals.
Hotel data platform raises $25 million; Hong Kong tightens quarantine rules | Daily Brief
12/29/2020|6:39:52 PM|
Cathay Dragon chief to take top job at Hong Kong newcomer Greater Bay Airlines; China warns against Lunar New Year travel after finding cases in cities.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
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