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OTA joins group to launch an airline; Chinese flight suspended over infection | Daily Brief
06/16/2020
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12:18:09 AM
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Fosun-invested customized travel agency has gone bust; Indonesia plans travel bubble with China, Japan, and Australia.
Fosun-invested customized travel agency Shijiebang goes under
06/15/2020
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10:30:19 PM
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The pandemic is just a catalyst for the collapse of Shijiebang.
Palminvest buys Portuguese hotel chain for $335 million
06/04/2020
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5:35:35 PM
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The acquisition is a risk worth taking although it could take up to five years to restore its profits to where they were before the outbreak.
Social e-commerce platform Pinduoduo adds flight booking service
06/02/2020
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4:55:47 PM
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Profitability is not the only challenge that Pinduoduo will have to face, as China’s online travel market is already very crowded.
China’s domestic travel breaks 50% barrier
06/01/2020
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4:12:48 PM
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There is potential for further recovery when restrictions are removed.
China's domestic air travel surpasses 50% of pre-COVID-19
05/29/2020
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2:26:52 PM
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Throughout March and April, air travel continued to pick up slowly until it received a fillip from the Labor Day holiday at the start of May.
Wuhan, now a top travel attraction
05/20/2020
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10:37:03 PM
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The sprawling city on the banks of the Yangtze River has shot to no.1 must-see destination in the country, up from eighth place last year.
Airbnb is banking on a post-pandemic travel boom
04/26/2020
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10:01:23 PM
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Despite Chesky’s upbeat outlook, Airbnb’s moment has ended.
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