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Tuniu appoints financial controller; Chinese airlines on track for recovery | Daily Brief
05/30/2020|2:37:22 PM|
Trip.com Group posted a 62% drop in accommodation and a 29% decrease in transportation; Global travel disruptions are the top concern for American businesses in China.
China Southern invests in TravelSky's consumer-facing App; China to triple international flights | Daily Brief
05/29/2020|12:09:19 AM|
TravelSky wants to explore monetization for the Umetrip app; China plans to allow chartered passenger flights from eight countries as it loosens restrictions on inbound travel.
US to ban Chinese flights; Online travel platforms build hotel memberships | Daily Brief
06/03/2020|11:38:48 PM|
The Trump administration is banning Chinese passenger airlines from flying to the US; Global online travel agencies will drop rate parity terms on Korean regulatory demand.
Chinese arrivals to Australia drop 99.8%; China Southern to raise over $2B | Daily Brief
05/16/2020|10:39:31 AM|
Hotel occupancy in China reached over 40% during May 6-10 as business travel increased; Cathay Pacific flagged a “very bleak” outlook as coronavirus grounded planes globally.
Travel short video service provider Jufeng Network raises millions of yuan
05/12/2020|12:43:14 AM|
The company wants to help tourist attractions, homestay businesses, hotels and itineracy providers build quality travel brands.
Hotel bookings through global distributors and suppliers down 80% in early April
04/23/2020|11:27:14 AM|
STR projects that China hotels will recover to only 90% of 2019’s level of occupancy, ADR and RevPAR by 2021.
Booking sells $106M Trip.com stake; United may resume China flights | Daily Brief
04/07/2020|11:35:20 PM|
The world's largest online travel group cut the stake in its Chinese counterpart by over 3 percentage points; Accor and Alibaba extend their strategic partnership.
Ctrip Corporate Travel’s white paper sheds light on latest market trends
04/28/2020|10:14:49 AM|
China’s business travel market posted a growth rate of 5.9% last year, while the average annual growth rate in 2013-2018 was 11%.
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