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Beijing to resume direct international flights; ONYX names China head | Daily Brief
09/03/2020|10:27:48 PM|
China's summer holiday travel boosts domestic tourism; Hanting eyes 5,000 outlets in 3 years.
China caps capacity of "high-risk" flights; IHG partners with Ant Group | Daily Brief
09/02/2020|12:36:28 AM|
Meituan reports the world’s highest hotel room nights in Q2; Smart tour guide operator Lvji reports a net loss of $11.7 million.
US hotelier to buy software firm from Chinese owner; Online travel to grow 20% | Daily Brief
08/31/2020|10:44:08 PM|
Greater China hotels sector is well-positioned to lead APAC recovery; Chinese residents flock to theme parks.
Tencent-invested OTA sees recovery, Chinese travelers switch to private tours | Daily Brief
08/28/2020|11:01:53 PM|
Chinese OTA Tuniu reported 97% drop in packaged-tour revenue; TravelSky posted 40% decrease in half-year revenue.
Tencent-invested travel firm reports 24.6% drop in revenue, sees recovery trend
08/28/2020|6:37:48 PM|
As of June 30, around 85.9% of its registered users resided in non-first-tier Chinese cities.
Accor-IHG merger needs Jin Jiang consent; Travel agencies gross $100 billion | Daily Brief
08/25/2020|11:30:41 PM|
Pinduoduo ventured into hotel business, taking on Trip.com and Meituan; Beijing tightened regulations on urban home-sharing business.
Video sharing app TikTok challenges Ctrip and Meituan in their stronghold
07/30/2020|12:24:25 AM|
Video sharing platforms TikTok or Kwai are more interested in carving out their own niche in the local lifestyle services segment rather than being merely a traffic portal for Ctrip and Meituan.
Hilton tweaks strategy in China; Chinese tourism recovers faster than world | Daily Brief
08/19/2020|12:09:47 AM|
New Century Hotel reports $13 million net loss; Pandemic fails to slow China’s high-speed network expansion.
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