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Shiji Group continues global expansion with growing presence in Latin America
01/13/2021|10:36:46 PM|
The company also opened a new office in Chevy Chase Maryland in October 2020.
ByteDance sets up a travel agency; Mafengwo sheds light on night tourism | Weekly Review
12/19/2020|10:17:57 PM|
Hilton CEO said China is second-largest market, key part of growth strategy; Alibaba-invested mobility platform Hellobike applies for hotel-related trademark.
Trip.com eyes $1 billion second listing; China debuts a new bullet train | Daily Brief
01/12/2021|10:03:05 PM|
Analysts say investment in MGM by a Chinese travel firm could be "tricky"; Chinese travel agencies handle 53% less domestic trips.
China bans UK flights; Hotel digital solution firm secures funding | Daily Brief
12/24/2020|11:17:58 PM|
UK COVID-19 variant found in Hong Kong; China invests $656 million in culture, tourism.
China is excluded from Philippines' travel ban; Sanya's tourism rebounds rapidly | Daily Brief
01/09/2021|4:25:11 PM|
Railways allow ticket refund as China advises against unnecessary trips; Agoda finds 40% of Chinese travelers look forward to travel with family, friends.
Trip.com Group’s Q3 accommodation revenue rose by 98% over Q2
12/04/2020|10:52:34 AM|
The domestic hotel market is leading the overall recovery, uplifting the entire travel sector in China. Trip.com Group’s accommodation revenue in Q3 was USD 365 million, a 98% increase from the previous quarter.
Tongcheng-elong’s CEO throws light on effective recovery strategy in Q3
11/28/2020|8:52:19 PM|
The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
Online travel giants Meituan, Tongcheng actively invest in hotel groups
01/07/2021|3:58:30 PM|
Chinese OTAs have a long history of buying into their hotel partners.
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