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Trip.com appoints Europe executive; Disney fined for improper notice | Weekly Review
09/04/2021|10:16:39 PM|
Beijing delists non-compliant homestay rentals before marjor theme park opens; Meituan posts 81% rise in Q2 room nights, projects significant regulatory fines.
Hainan pilots 'cruises to nowhere'; Hong Kong to allow some quarantine-free entry | Daily Brief
09/07/2021|9:08:08 PM|
Ailing Hong Kong travel sector requests government aid; UK charter flight from China sells out in 30 minutes.
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.
Beijing delists non-compliant homestay; EU asks states to lift travel bans | Daily Brief
09/01/2021|11:48:12 PM|
Universal Beijing Resort announces ticket prices; China eases cross-provincial travel restrictions.
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.
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.
Trip.com appoints Europe general manager; Atour sees rise in revenue | Daily Brief
09/03/2021|12:48:08 AM|
Meituan faces new antitrust probe into 2018 acquisition; Hong Kong in talks with Thailand over vaccination recognition.
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.
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