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Shareholder urges MGM China to bring in new investor like Meituan, Trip.com or Huazhu
01/07/2021|12:23:53 AM|
MGM Resorts International can be an important partner for the strategic shareholder’s future internationalization efforts, especially in outbound consumer services to the U.S. and Japan.
Dufry forms partnership to grow duty-free business in Hainan
01/06/2021|4:59:04 PM|
The deal is in line with Dufry’s growth strategy in Asia and builds on the company’s existing and long-standing footprint in China.
Singapore’s Scoot introduces a localized chatbot for digital savvy Chinese travelers
11/19/2020|11:12:07 PM|
Exemplifying its prowess as a digitally forward entity, Scoot has launched its Chinese chatbot. The move comes at a time when Singapore plans to lift border restrictions on visitors from mainland China.
OTA hotel chain makes investment; Homestay giant's spinoff firm secures funding | Daily Brief
12/05/2020|1:39:24 PM|
China's hotel titans put Marriott and Hilton to shame; Huazhu posts better-than-expected revenue growth in Q3.
Indebted conglomerate HNA Group to sell US asset Ingram Micro
12/09/2020|11:56:05 PM|
HNA Technology acquired 100% shares of Ingram Micro in December 2016 for USD 5.98 billion, the majority of which was borrowed money from banks.
Chinese travel platform Mafengwo’s report sheds light on night tourism trends
12/16/2020|2:51:13 PM|
More than 72% of the Post-95s tourists made special plans for night tours.
Tongcheng-elong’s CEO throws light on effective recovery strategy in Q3
11/28/2020|8:52:19 PM|
The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
China is going to be a locomotive for the travel train: Booking Holdings CEO
11/26/2020|11:56:37 AM|
Known for his balanced perspective, Booking Holdings’ CEO Glenn Fogel believes that one shouldn’t expect immediate rebound despite emerging developments around vaccines.
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