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Meituan reports 354.5 million room nights booked in 2020, down by 9.7%
03/26/2021|7:22:59 PM|
Room nights from five-star hotels increased by more than 110% year over year in the fourth quarter.
Smart hotel tech firm raises $45.6 million; Chinese are now more open to travel | Daily Brief
03/31/2021|9:38:15 PM|
State-owned travel conglomerate CTII posts 56% drop in revenue; Singapore mulls over launch of air travel bubble with Hong Kong.
Beijing posts highest RevPAR since Nov; Taiwan airline cancels "travel bubble" flight | Daily Brief
04/14/2021|11:52:07 PM|
Hong Kong wants to require a vaccine for Singapore travel bubble; Airbus increases deliveries as travel revives in US, China.
Radisson split loyalty program; Deutsche Hospitality debuts new luxury brand | Daily Brief
04/13/2021|9:40:02 PM|
OTA data shows boom in Chinese demand for travel to Macao in upcoming May holiday; Air France to boost China Eastern venture after share issue.
Hotel giant seeks "innovative structure, approach" in upscale expansion
03/25/2021|11:08:22 PM|
Huazhu's target is to reach 10,000 - 15,000 hotels in the next five years and the majority of them will still be midscale or economy hotels.
Luxury resort brand enters China market; Airline offers 10,000km flight product | Daily Brief
04/12/2021|6:35:16 PM|
China’s tourism to rake in $195 billion in first half of 2021; Macao expected to be "dark horse" in the coming May holidays.
9 megatrends of Chinese tourism post-pandemic
03/18/2021|3:45:06 PM|
For companies seeking megatrends of the global travel recovery, the China market may provide some food for thought.
Airbnb asked to drop ties to Beijing Winter Olympics; OTA sees "robust recovery trend" | Daily Brief
03/23/2021|9:07:55 PM|
Autonomous vehicle tech firm Momenta raises $500M; Guangdong removes 7-day home quarantine for inbound arrivals.
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