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Alibaba reorganizes into 6 units; Club Med owner says resort is ‘not for sale’ | Daily Brief
03/29/2023
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11:21:40 PM
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Meituan co-founder acquires AI startup; Hong Kong’s travel industry council builds new B2B platform.
Dusit plans a post-pandemic recovery campaign in China
02/16/2023
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4:47:31 PM
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The Thailand-based hotel chain is evaluating changes in guest behavior, performance marketing, and influence marketing, as the team gears initially target the lower end of the booking funnel.
Meituan’s local commerce segment shines even in tough Q4
03/26/2023
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11:06:18 AM
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The company shared that operating profit of its local commerce segment, led by the food delivery business, rose by 41% in Q4, even as its hotel and travel business suffered during the same period.
Meituan posts $970 million annual loss
03/24/2023
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5:27:33 PM
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Revenue rose 22.8% from 2021 to 2022.
TUI Musement emerges as a tours and activities player in Europe in shadow of GetYourGuide
02/26/2021
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1:21:21 PM
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TUI Musement made USD 67.3 million in earnings before interest and taxes in 2019, a 21.7% jump over the previous year.
Chinese localities roll out measures to further boost tourism
03/23/2023
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4:49:56 PM
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Several localities have launched tourist-dedicated trains.
Tencent-invested travel company reports 18.8% drop in Q4 revenue
03/21/2023
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5:38:00 PM
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GMV decreased by 20.4% year-to-year.
Chinese regional video promotions start bearing fruit as tourists return
03/15/2023
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2:47:06 PM
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In the two weeks ended March 6, ticket reservations for scenic spots advertised by local cultural authorities grew by almost three times from a year ago and soared by 21 times from 2019.
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