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Trip.com Group revenue drops 40% in Q4, domestic hotel GMV rises
03/04/2021|6:32:43 AM|
Product development expenses accounted for 42% of net revenue in 2020.
TikTok's China app pilots group-buying function, targeting restaurant/hotel offerings
03/03/2021|10:37:37 AM|
This is similar to the in-shop group-buying service launched by Meituan.
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.
China, US may lift travel restriction in Aug; Luxury hotelier eyes SPAC listing | Daily Brief
03/02/2021|6:14:00 PM|
Macao gambling revenue spikes 136% in February; China not ready to allow the Boeing 737 Max back in the air.
Local tourism partnerships key to kindle international Chinese travel demand
03/08/2021|6:22:19 PM|
There is a strong desire for familiar and trustworthy products amongst Chinese travelers and local operators will typically have first-hand experience in promoting to the individuals.
Meituan reports 354.5 million room nights booked in 2020, down by 9.7%
03/26/2021|7:22:59 PM|
Room nights from five-star hotels increased by more than 110% year over year in the fourth quarter.
Airbnb reports 22% revenue decline in Q4, “outperforming hotel groups and OTAs”
02/26/2021|8:27:26 AM|
The recovery in Asia Pacific continues to take time.
Trip.com Group to float on HK bourse in April; WeChat travel scam is back | Daily Brief
02/23/2021|11:18:29 PM|
Japan raises concerns over China blacklist on overseas casino destinations; SAP Concur appoints general manager for Asia Pacific Japan, Greater China.
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