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Chinese airlines’ losses narrow in Q2; Trip.com and Mastercard partner to offer discounts in APAC | Daily Brief
08/31/2023|6:28:36 PM|
Travel spending in China maintains high growth momentum in August, survey finds; China logs over 82 million entry-exit trips during summer break.
Meituan benefits from strengthening of “consumer mindshare” in travel
08/31/2023|10:18:37 AM|
The Chinese e-commerce company underlined its expertise in letting travellers “save money when booking hotels” as it shared its second quarter results.
Hotel giant H World posts 63.5% increase in Q2 revenue; Group tours return to Japan but ‘explosive spending’ unlikely | Daily Brief
08/24/2023|7:02:32 PM|
Hotel chain Zhiding Yuemei files for U.S. IPO; China’s civil aviation passenger transport scale reaches new heights.
Trip.com Group eyes 20% growth over longer term; Accor sees record China hotel deals | Daily Brief
09/12/2023|8:25:44 PM|
Chinese travel booking platform Huangbaoche secures $27.4 million for overseas expansion; Airbus delivers more than 630 China-assembled A320 family aircraft over 15 years.
Trip.com Group continues to count on generative AI to serve travellers
09/05/2023|5:03:13 PM|
The group’s AI assistant, TripGenie, released new features plus a new initiative, AI-generated content production, too, was taken in Q2.
Fosun Tourism posts 38% revenue rise; Boeing to deliver new 737 MAX to Chinese airlines | Daily Brief
08/29/2023|7:33:21 PM|
Global air tickets face potential price hikes as Chinese return to the skies; Didi’s smart EV division to be taken over by Xpeng.
H World shows faith in lower-tier cities residents’ spending power
08/29/2023|3:35:34 PM|
Lower-tier cities in China offer a massive growth potential, especially considering the fact that around 70% of China’s population resides in these locations.
Chinese hotel giant H World posts 63.5% increase in Q2 revenue and raises expectation for the full year
08/24/2023|6:54:29 PM|
For Legacy-Huazhu business, RevPAR in Q2 2023 recovered to 121% of the Q2 2019 level.
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