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China's population growth is ending; Hotel chain seeks $2 billion US listing | Daily Brief
05/11/2021|9:57:15 PM|
China is experiencing a rural tourism boom amid the Covid-19 pandemic; Duty-free discounts fueling greater travel spending.
Huazhu Group targets lifestyle market opportunities
05/27/2021|11:12:05 AM|
The Chinese hotel company believes its expansion in the lifestyle segment, both via organic and inorganic routes, plus excellent RevPAR growth in lower-tier cities is a positive sign for the group.
Hotel giant projects 87% rise in revenue; Tencent powers airlines' digital cabin | Daily Brief
05/26/2021|12:09:18 AM|
Australia loses title as ‘most coveted’ destination for Chinese students; Klook gets requests to cancel or postpone staycation, cruise bookings after Covid-19 rules change.
Expedia posts a net loss of $581 million in Q1, with leisure travel leading the recovery
05/07/2021|8:49:11 AM|
For the first quarter of 2021, total gross bookings decreased 14%, with lodging bookings experiencing year-over-year growth in the first quarter.
Trip.com counts on domestic travel for recovery in short span
05/22/2021|11:15:48 AM|
The online travel company leveraged the prowess of domestic offerings in China to capture pent-up outbound demand and improved its booking-related metrics in a significant manner.
Travel demand in China’s 1.4 billion population; French theme park in China expansion | Daily Brief
05/22/2021|9:46:41 AM|
China has over 2,600 registered companies operating online travel business; Didi and TikTok pilot online travel services.
Didi and TikTok start internal test of online travel services
05/21/2021|12:17:12 PM|
The entire Internet circle is now setting their sights on another new track - online travel.
China has over 2,600 registered companies operating online travel business
05/21/2021|11:11:58 AM|
Over 1,100 of these companies have raised capital from investors.
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