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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.
China imposes tougher flight restrictions; New Year holiday bookings reach peak | Daily Brief
12/19/2020|12:40:33 AM|
Disney's chairman Robert Iger wants to be US ambassador to China; Chinese carriers' streak ends as recovery slows.
Weibo big data report shows family travel and “go west” are trending for hotels
01/04/2021|12:23:22 PM|
More than 70% of those who were interested in making travel reservations were aged between 21 to 40.
China's domestic air market recovered; Indebted HNA to sell US asset | Daily Brief
12/10/2020|12:17:30 AM|
JD, China Southern Airlines launch ship-to-home luggage service; Travel agencies in China handle over 10 million domestic trips in Q2, down 79% from last year.
Meituan bounces back in Q3, witnesses peak daily GTV across main businesses
12/03/2020|7:24:08 PM|
Medicines, flowers, late-night snacks… Meituan chose to look at existing resources for going deeper into consumers’ lives. The company's hotel bookings shot up in Q3 as demand for hotels “entirely shifted inward domestically”.
Smart hotel solution provider RestHour secures tens of millions of yuan
12/27/2020|9:38:31 PM|
RestHour primarily serves hotels and home-share providers in top-tier cities that have to deal with a huge visitor flow.
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