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Three-child policy set to further boost China’s booming family travel
06/04/2021|7:19:52 PM|
In the first half of this year, spending on family travel increased by 41% year on year.
From agri-products to selling hotel vouchers – yes that can happen in China!
06/14/2021|11:41:39 AM|
Mobile-only marketplace Pinduoduo with over 824 million users has started selling travel products. Agile digital companies’ tendency to count on a growing scale can’t be ignored.
HNA-invested tour operator Caissa Tosun plans to acquire Alibaba-backed rival UTour to form a $1.9 billion giant
06/16/2021|2:20:36 PM|
Alibaba holds a 5% stake in UTour while HNA Group owns more than 21% shares of Caissa Tosun.
Delivery robot provider Star Speed Store secures $2.97 million in angel round
06/07/2021|11:10:00 AM|
The company aims to take its robots to thousands of hotels in 25 Chinese cities this year.
Trip.com counts on domestic travel for recovery in short span
05/22/2021|11:15:48 AM|
The online travel company leveraged the prowess of domestic offerings in China to capture pent-up outbound demand and improved its booking-related metrics in a significant manner.
Sabre reports a net loss of $266 million for Q1, and will not give guidance at this time
05/05/2021|5:13:20 PM|
Sabre’s first quarter revenue decreased by 50%, and global bookings were down by 55%.
Trip.com Group reveals latest travel trends as domestic bookings rise 30% from 2019
05/06/2021|11:33:04 PM|
China market sees high-end hotel travel boom and motorized travel is on the rise.
China suspends dialogue with Australia; Domestic holiday bookings rise 30% from 2019 | Daily Brief
05/07/2021|12:07:01 AM|
‘Red tourism’ in China appears rampant; HNA Group assets attract interest from Fosun, Air China.
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