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OTA joins group to launch an airline; Chinese flight suspended over infection | Daily Brief
06/16/2020|12:18:09 AM|
Fosun-invested customized travel agency has gone bust; Indonesia plans travel bubble with China, Japan, and Australia.
Travel recovery drags on in China; GDS giant expects losses in H1 | Daily Brief
06/30/2020|12:27:48 AM|
Renewed limits on social activities have dampened the pace of recovery in China; China's dominant airline IT provider TravelSky said it may record losses for the first half of year.
Hotel giant mulls second listing in HK; Hundreds of Beijing flights canceled | Daily Brief
06/19/2020|12:06:32 AM|
More than 1,200 flights in and out of Beijing were canceled as the Chinese capital wrestles with a fresh coronavirus outbreak; Alibaba names new president for Fliggy.
OTAs vow to drop rate parity; Travel recovery to peak after September | Weekly Review
05/16/2020|10:49:34 AM|
IHG starts flagship store on Trip.com Group; 70% of OYO hotels in China are now back to business.
Domestic flights further rebound; Searches for China flights rise | Daily Brief
06/04/2020|11:45:20 PM|
China and Singapore agreed to create a fast lane to facilitate essential travel without 14-day quarantine from June 8; Trip.com Group set up a new unit to invest in startups.
Hotel group merges China brands; Klook looks to local demand | Daily Brief
05/27/2020|7:29:17 AM|
Jin Jiang International has completed a major restructuring to consolidate its limited-service hotel businesses; Air China is planning to operate 24 international routes between June 1 and July 1.
OTA giant invests in PMS provider; payment startup raises $160M | Daily Brief
04/16/2020|6:24:56 PM|
Hundreds of hotels in Wuhan call for government aid after voluntarily providing free rooms to medical workers battling coronavirus; Cathay Pacific carried 90% fewer passengers in March.
OYO appoints CEO for its China unit
05/16/2020|10:33:18 PM|
The China market generated USD 307 million in revenue for OYO in FY2019, but also posted a net loss of USD 197 million, accounting for nearly 60% of the company's total annual loss.
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