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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.
Tourism market fueled by performances; US travel industry can’t make a full recovery without China | Daily Brief
08/08/2023|9:03:06 PM|
Cultural administration trying to tackle ticketing issues; Saudi Arabia taps Chinese tourists for growth amid wanderlust.
China’s hotel chain Zhiding Yuemei files for U.S. IPO; Meituan posts $644 million net profit in Q2 | Weekly Review
08/26/2023|10:41:49 AM|
Hilton bets on China’s middle class as it eyes about 730 hotels in next 10 years; Trip.com Group forms joint venture with Japan's JTB.
Trip.com Group forms joint venture with JTB; Japan bets on WeChat to hook Chinese tourists | Daily Brief
08/25/2023|7:28:35 PM|
Russia and China discuss expanding flight routes; China’s tourism grows faster than GDP.
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.
Meituan revenue rises 33% in Q2, netting a $644 million profit
08/25/2023|2:18:45 PM|
In-store, hotel & travel business grew with transaction volume up by over 120%.
China’s hotel chain and SaaS provider Zhiding Yuemei files for U.S. IPO
08/24/2023|10:18:47 AM|
Zhiding Yuemei plans to raise an additional capital of USD 50,000,000 in Pre-IPO.
North Korea resumes flights to China; Alipay launches tourist-centric app | Daily Brief
08/22/2023|6:20:37 PM|
Cebu City tourism seeks more offices in China; Tour agencies in Singapore struggle with lack of manpower, vehicles.
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