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US rejects adding more Chinese flights; Greater China leads Hyatt's recovery | Daily Brief
08/05/2020|1:13:10 AM|
Hotel investment in Asia plunged 45% in the first half of this year; Indonesia to set up travel corridors with China and UAE.
Didi starts international travel agency; Trip.com faces more challenges | Weekly Review
06/01/2020|10:59:28 AM|
The worse is yet to come as Trip.com Group projected net revenue to drop by 67%-77% in Q2; TravelSky sells a stake in its consumer-facing app to China Southern Airlines.
OTA live stream brings in $3 million; Flight search data find Korea popularity | Daily Brief
07/30/2020|11:10:27 PM|
Trip.com Group's in-destination live-stream marketing raked in USD 3 million sales; China, Indonesia talk on travel bubble.
E-commerce giant sells OTA asset; Accor works on recovery in China | Weekly Review
06/27/2020|2:52:42 PM|
Shiji gained three months to sell its U.S.-based asset StayNTouch; Trip.com Group unveiled a USD 500 million fund for its travel partners.
China's Jin Jiang ranked the world's second biggest hotel group in 2019
07/28/2020|11:51:57 PM|
Seven Chinese hotel groups made it to the global top 20 hotel groups by room number.
OYO China announces the resignation of its Chinese CFO
07/08/2020|12:15:31 AM|
Mr. Li has decided to move on from the company "to pursue other professional opportunities".
Discount pricing + digital tools drive domestic travel transactions in China
07/23/2020|6:04:56 PM|
Chinese online platforms are focusing on digital tools, especially live-streaming, to revive spending. The plan is to drive domestic travel sales volume through discounts, a tactic being described as a short-term phenomenon.
China’s sharing accommodation suffers 72.1% decline in transaction volume
07/23/2020|1:40:46 PM|
However, the accommodation rental market has been on a rebound since March.
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