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Global theme park brands accelerate expansion; China plans "1-2-3 Travel Circle" | Daily Brief
03/15/2021|11:28:56 PM|
TravelSky projects annual net profit of more than $60 million; China to ease domestic travel restrictions, allowing train travel without COVID-19 test report.
Global domestic passenger demand continues to decline in February, largely due to weakness in China travel
04/09/2021|11:33:59 AM|
China domestic traffic declined 51.2% in February versus the same month in 2019.
Alibaba invests in hotel wholesaler; OTA could raise $1.35 billion | Daily Brief
04/07/2021|11:30:58 PM|
Shiji jumps after Ant Group invests $68.6 million in retail system unit; Chinese travel rebounds during holiday while spending still lags.
OTA rolls out travel marketing hub; Alibaba, Hilton integrate membership | Weekly Review
04/04/2021|11:24:18 PM|
TravelSky net profit plunges 85% in 2020; Tongcheng-Elong acquires a corporate travel firm.
Deutsche Hospitality CEO: Finding the right partner in China is important
03/15/2021|10:48:55 PM|
The German hotel group plans to quintuple its hotel portfolio by 2025, partly through mergers and acquisitions.
Upscale hotel group New Century reports 17% revenue decrease in 2020
03/15/2021|9:45:34 PM|
The RevPAR of mid-scale full service hotels was RMB181.5 in the second half of 2020, representing an increase of 88.5% from RMB96.3 of the first half of 2020.
Alibaba, Hilton integrate membership; Chinese OTA buys corporate travel firm | Daily Brief
03/29/2021|9:24:46 PM|
Hong Kong to ease social-distancing, push for travel bubbles to speed up mass vaccination; U.S. lawmakers ask Biden to make travel easier from Taiwan.
Tongcheng-Elong continues to garner users from non-1st-tier cities
03/29/2021|12:09:41 PM|
Highlights of Q4 2020 for the online travel company included its continued expansion of registered users from non-1st tier cities in China, user acquisition and an acquisition in the corporate travel sector.
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