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Sequoia China joins Trip.com-backed PE firm in offer to take New Century Hotel private
01/21/2021|2:44:05 PM|
Upscale hotel chain just got listed on Hong Kong Stock Exchange less than two years ago.
Travelport appoints Chua Hui Wan as Head of Agency Sales for Asia Pacific
02/17/2021|9:59:05 PM|
The role marks a return to Travelport, where she previously held leadership positions in the company’s airline and agency groups between 2005 to 2013.
Chinese airlines return to profitability; Radisson Hotel grows in Asia Pacific | Weekly Review
01/17/2021|3:03:40 PM|
WeChat Pay aims to bring Chinese consumers to travel and hospitality; Chinese investment in Cambodia’s "next tourism hotspot" has raised concerns.
Skyscanner announces new CEO, ending "an extensive international search"
01/23/2021|12:49:08 AM|
Former Travix CEO John Mangelaars will replace Moshe Rafiah who has been splitting his time as CEO between both Skyscanner and Travelfusion. All three companies are under the Trip.com Group.
MakeMyTrip posts a 61.3% drop in revenue but is on track of recovery
01/28/2021|11:42:37 PM|
Gross bookings improved to $598.8 million in 3Q21 versus $213.0 million in 2Q21, reflecting an increase of 181.5% QoQ.
On track to recovery, China’s home-share industry sees great potential
01/26/2021|11:27:51 AM|
Branded properties accounted for only 5.6% of the alternative accommodation market, which was dominated by small- and medium-sized brands.
Hotel service robot supplier Yunji Technology secures $77 million in 10 months
01/19/2021|6:15:11 PM|
The Beijing-headquartered company is now serving more than 5,000 hotel clients and has been adding over 1,000 clients every month.
Expedia reports net loss of $391 million in Q4
02/12/2021|11:41:06 AM|
Lodging revenue decreased 58% in the fourth quarter of 2020 on a 61% decrease in room nights stayed.
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