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Airbnb asked to drop ties to Beijing Winter Olympics; OTA sees "robust recovery trend" | Daily Brief
03/23/2021|9:07:55 PM|
Autonomous vehicle tech firm Momenta raises $500M; Guangdong removes 7-day home quarantine for inbound arrivals.
Chinese hotel giant Huazhu reaps 15% of annual revenue from overseas unit
04/25/2021|5:55:27 PM|
As of last year, Huazhu still held USD 897 million worth of investments in companies including Accor (USD 593 million) and OYO (USD 10 million).
DidaTravel raises funding from Alibaba, accelerates digitalization and globalization
04/07/2021|7:55:03 AM|
The company said it managed to significantly reduce the pandemic impacts on business and ensure steady development.
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.
JD.com-backed hotel platform upgrades; Israel to pioneer mutual vaccine recognition with China | Daily Brief
03/10/2021|10:36:21 PM|
Domestic travel demand is stable or improving in Asia Pacific; Plaza Premium partners with DragonPass to launch high-speed railway lounges in China.
Major Chinese OTA Tongcheng-Elong sees "continuing robust recovery trend" in Q4
03/23/2021|5:55:54 PM|
The company's average monthly paying users increased by 5.9% year-to-year to 28.7 million in Q4 2020, but average monthly active users decreased by 4.8% to 196.0 million.
Meituan reports 354.5 million room nights booked in 2020, down by 9.7%
03/26/2021|7:22:59 PM|
Room nights from five-star hotels increased by more than 110% year over year in the fourth quarter.
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.
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