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Hotel giant projects 87% rise in revenue; Tencent powers airlines' digital cabin | Daily Brief
05/26/2021|12:09:18 AM|
Australia loses title as ‘most coveted’ destination for Chinese students; Klook gets requests to cancel or postpone staycation, cruise bookings after Covid-19 rules change.
Hotel group Huazhu pares loss and expects revenues to rise 87%-89% in Q2
05/25/2021|11:34:28 PM|
Net revenues increased 15.6% year-over-year to USD 355 million for the first quarter.
US, China, Germany rank Top 3 countries by annual tourism revenue
01/10/2020|10:55:11 PM|
Sino-US trade frictions did not affect the variation of China’s tourist arrivals from the US, which grew 7.4% in 2018, 4.6 percentage points higher than that in 2017.
Amadeus expands into Chinese market to bring efficiencies in expense management
04/13/2021|5:33:05 PM|
INEOS Styrolution chooses cytric Expense for its China & Hong Kong operations to help seamlessly process travel expenses and other work-related purchases.
OTA giant names new chief; Travel group expands destinations | Weekly Review
12/27/2020|5:35:14 PM|
CTS Group buys 34% stake in "micro vacation" resort brand for $23 million; Hotel digital solution provider Lumous closes Series B round.
Hong Kong bans flights from UK; China's first Legoland park breaks ground | Daily Brief
12/23/2020|6:23:53 AM|
China is much closer to recovering hotel ADR than Europe, US; China Eastern works with Juneyao Airlines, China Telecom to offer in-flight Wi-Fi.
Lifestyle hotel brand seeks IPO; China to approve 1st foreign vaccine by July | Daily Brief
04/19/2021|10:53:17 PM|
Hong Kong, Macau tightens flight ban, quarantine rule to fight mutant strain; Hong Kong, Singapore target mid-May for travel bubble deal.
OTA rolls out travel marketing hub; Alibaba, Hilton integrate membership | Weekly Review
04/04/2021|11:24:18 PM|
TravelSky net profit plunges 85% in 2020; Tongcheng-Elong acquires a corporate travel firm.
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