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Meituan CEO: Demand for travel was stronger in Q2 versus Q1
09/03/2021|10:06:57 AM|
Q2 started by facilitating recovery in the travel sector in China before travel restrictions came back to disrupt the same. Nevertheless a company of Meituan’s stature proved that they can sustain their growth trajectory in their hotel business.
TravelSky projects half-year profit; Phuket welcomes first Hong Kong flight | Weekly Review
08/15/2021|12:59:05 PM|
Travel bloggers gain more sway in China; 'Zero Covid' strategy frustrates travel-starved residents.
Cathay Pacific rival's launch may be delayed; Ride-hailing firm raises $589M | Daily Brief
09/08/2021|11:57:57 PM|
Tourism and hospitality sectors in China remain bullish despite Covid; Huazhu president says new signings hit a record high in H1.
Huazhu president: new signings hit a record high in H1
09/08/2021|11:46:40 AM|
This is despite the fact travel restrictions in the latter part of Q2 had negatively impacted new signings and construction progress.
Hainan pilots 'cruises to nowhere' to restart China’s cruise industry
09/07/2021|8:30:25 PM|
Hainan, with 64.6 million visitor arrivals and revenues of USD 13.5 billion in 2020, has abundant tourism resources and a large customer baser to support cruises.
Unmanned aerial vehicle startup Cross Stars secures $15 million, expanding businesses in cultural tourism attractions
08/20/2021|11:00:20 AM|
Cross Stars has been authorized to conduct drone shows above major landmarks in more than 20 cities and areas in China.
Beijing tightens travel rules; Chinese made 1.8 billion+ trips in H1 | Weekly Review
08/07/2021|9:45:01 PM|
COVID-19 devastates the world, but China becomes top domestic market for first time; Sports tourism increasingly popular among China’s young generations.
Trip.com tests “hybrid” working; TravelSky projects $38 million+ net profit | Daily Brief
08/10/2021|11:47:12 PM|
MakeMyTrip sells an investment for $38.5 million; Airbus’ edge over Boeing in China under threat.
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