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Travel recovery drags on in China; GDS giant expects losses in H1 | Daily Brief
06/30/2020|12:27:48 AM|
Renewed limits on social activities have dampened the pace of recovery in China; China's dominant airline IT provider TravelSky said it may record losses for the first half of year.
Internet travel company Mounsey receives $7 million
06/17/2020|9:57:52 AM|
Mounsey boasts 2,500 branded outlets in China and aims at exceeding 10,000 outlets in three years.
Social e-commerce platform Pinduoduo adds flight booking service
06/02/2020|4:55:47 PM|
Profitability is not the only challenge that Pinduoduo will have to face, as China’s online travel market is already very crowded.
Chinese OTA regains compliance with Nasdaq's minimum share price requirement
06/29/2020|11:49:59 PM|
Tuniu has not been profitable for the past six years as a public company. As of June 26 this year, the company's market capitalization was around USD 140 million.
The 2020 TravelDaily Conference is rescheduled to Nov 25-27
06/02/2020|11:48:09 AM|
ITB China, the largest B2B international travel trade show in China, will join TravelDaily in co-organizing our event.
Hotelbeds signs ancillary distribution agreement with Trip.com Group
06/04/2020|11:50:27 AM|
The partnership will provide Trip.com Group with access to Hotelbeds’ Beyond The Bed portfolio of more than 18,000 activities in 690 destinations.
Top Chinese carriers confident of their FFP members staying loyal
06/04/2020|9:08:15 AM|
Chinese carriers not only took initiatives to assure their loyalty program members about the utility of loyalty currency and membership benefits, but they also paved way for smaller non-air redemptions to subsidize member's shopping for essentials during the coronavirus crisis.
Trip.com Group invests in airport service app iSkytrip
06/02/2020|3:31:45 PM|
This is not the first time that the Chinese OTA has expanded into airport-related services.
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