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Hotel giant Huazhu reports nearly 32% drop in Q2 revenue
09/15/2020|2:25:45 AM|
Occupancy at Legacy Huazhu was 79% in July and 84% in August.
Tencent-invested OTA forms exclusive partnership with LINE unit in Thailand
09/08/2020|12:17:12 PM|
The strategic cooperation with Rabbit-LINE Pay will enable TravelGo.com to bring seamless online travel booking services to more than 46 million LINE users in Thailand.
Accor-IHG merger needs Jin Jiang consent; Travel agencies gross $100 billion | Daily Brief
08/25/2020|11:30:41 PM|
Pinduoduo ventured into hotel business, taking on Trip.com and Meituan; Beijing tightened regulations on urban home-sharing business.
Discount pricing + digital tools drive domestic travel transactions in China
07/23/2020|6:04:56 PM|
Chinese online platforms are focusing on digital tools, especially live-streaming, to revive spending. The plan is to drive domestic travel sales volume through discounts, a tactic being described as a short-term phenomenon.
Unlimited passes are fine, but airlines must focus on passenger confidence
08/19/2020|5:58:40 PM|
Sales initiatives like unlimited flight passes can pave way for a decent sized cash-flow injection in the short-term. In addition to exploring more options for revenue generation, there is also a need to focus on other aspects to boost the passenger confidence.
Stay relevant in the digital customer journey post-pandemic
06/23/2020|11:56:11 AM|
TravelDaily will host a webinar to share insights into the consumer behaviors and user preferences of Chinese travelers in the travel recovery.
Chinese arrivals to Australia drop 99.8%; China Southern to raise over $2B | Daily Brief
05/16/2020|10:39:31 AM|
Hotel occupancy in China reached over 40% during May 6-10 as business travel increased; Cathay Pacific flagged a “very bleak” outlook as coronavirus grounded planes globally.
Fliggy launches live channel; Russia takes $400M hit | Daily Brief
03/06/2020|9:48:42 PM|
Japan will quarantine people arriving from South Korea and China for two weeks; the global aviation industry could lose USD 63-113 billion in revenue.
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