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Indian Covid variant detected in Chinese cities; China issues warning to big tech firms | Daily Brief
05/01/2021|10:48:46 AM|
China’s OTAs and hotel groups are launching more hotel brands to meet diverse demands; US aviation giants hope to gain more market in China.
Smart tour guide operator Lvji reports a net loss of $15.4 million
03/25/2021|7:35:40 PM|
As at December 31, 2020, Lvji had developed 26,052 online tour guides covering tourist attractions in China and overseas.
9 megatrends of Chinese tourism post-pandemic
03/18/2021|3:45:06 PM|
For companies seeking megatrends of the global travel recovery, the China market may provide some food for thought.
TravelSky net profit plunges 85% in 2020, failing to meet expectation
04/02/2021|3:50:08 PM|
Aviation information technology service revenue represented 45.5% of the Group’s total revenue in Year 2020, as compared to 55.6% for Year 2019.
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.
Understanding how Meituan staged recovery of room bookings
03/30/2021|10:30:48 AM|
The company’s cohesive effort, where safety and consumption were interwoven via health-related campaigns, and buying was fueled via attractive coupons or vouchers, delivered positive results.
Trip.com Group refers to 4 operating highlights of Q4
03/05/2021|10:56:10 AM|
Trip.com Group has witnessed average spending on domestic package tours rising notably year-over-year in Q4, plus it has identified new growth drivers beyond COVID.
Huazhu Group forms joint venture with Sunac China
03/23/2021|10:58:52 AM|
The joint venture company, named Yongle Huazhu Hotel & Resort Group, is formed with a total registered capital of RMB 50 million.
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