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Airlines fuel optimism that USA can replicate China’s rapid domestic recovery
03/17/2021|5:30:59 PM|
Around 32% of the global passenger jet fleet is still in storage, but for Chinese operators the figure is just over 8%, while for US airlines the figure is below 29%.
Hotel membership operator OTM secures RMB 40 million in an angel round
03/16/2021|5:20:49 PM|
OTM has established cooperation with more than 500 hotels since December 2020.
Upscale hotel group New Century reports 17% revenue decrease in 2020
03/15/2021|9:45:34 PM|
The RevPAR of mid-scale full service hotels was RMB181.5 in the second half of 2020, representing an increase of 88.5% from RMB96.3 of the first half of 2020.
Booking Holdings revenue halved in 2020, predicting Apple’s entry into online travel reservations marketplace
02/25/2021|8:11:11 AM|
Net income for the full-year 2020 was USD 59 million, a 99% decrease versus the prior year.
Local trips and staycation a hit during Spring Festival, with ballooning demand for scenic spot ticketing
02/22/2021|2:56:13 PM|
The average value of high-end hotel reservations hit USD 450.5 over the holiday, up 407% from January.
Air China, AirAsia top APAC airline safe travel score in February
03/12/2021|12:26:23 PM|
Carriers in the region soar with 9% having a rating of 4.0 or Higher.
Fliggy partners with Amadeus; OYO reshapes international teams | Weekly Review
02/06/2021|11:03:18 PM|
Family-activity space provider Mini Mars secures Series A round funding; Universal Beijing Resort plans to bring in Tencent Games roles.
DidaTravel sees very high global growth in sales for Southeast Asia destinations
05/26/2022|6:07:54 PM|
The company has seen 460% increase in Southeast Asian hotel bookings made from January 1st to April 30th compared to last year – surpassing even 2019’s levels.
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