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Klook secures $200 million funding; Cathay Pacific warns of higher cash burn | Daily Brief
01/26/2021|10:16:46 PM|
China offers flight refunds to curb travel; Homestay industry on track to recovery.
Huazhu projects Q4 revenues to surpass previous guidance
01/25/2021|3:16:28 PM|
RevPAR of the Legacy-Huazhu hotels (excluding Deutsche Hospitality) for the fourth quarter was RMB 186, down by 2.4% year-over-year, but up from RMB 179 in the previous quarter.
China recovery falls off rails; Conglomerate HNA faces bankruptcy | Weekly Review
01/30/2021|11:52:06 PM|
Travel experience booking platform Klook raises $200 million; China set to expand blacklist of overseas tourist destinations.
China sees plunge in travel rush; Cathay raises $870 million | Daily Brief
01/28/2021|10:44:13 PM|
Beijing raises Covid requirements on travelers from low-risk area; China urges less travel during upcoming holiday.
OTAs buy into hoteliers; MGM China advised to partner travel giants | Weekly Review
01/09/2021|9:49:25 PM|
China restricts travel for 11 million people in northern city; Weibo big data report shows family travel and “go west” are trending for hotels.
Hong Kong sees 93% fewer visitors; MSC Cruises to deploy two flagships in China | Daily Brief
01/18/2021|11:27:23 PM|
Stalled holiday travel worries Chinese airlines on profits; Trip.com Group "more confident than ever" in China’s long-term travel recovery.
Hotel robot maker secures $77 million; Skyscanner finds new CEO | Weekly Review
01/23/2021|10:23:29 PM|
Accor strengthens partnership with Alibaba Fliggy; Sequoia China, Ocean Link to invest in high-end hotel chain.
Radisson Collection launches in China
02/04/2021|6:30:23 PM|
Backed by parent Jin Jiang, Europe-based Radisson has an ambitious five-year strategy to triple its portfolio in the Asia Pacific.
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