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Chinese travelers to drive luxury market rebound; Airbus in talks for new China jet order | Daily Brief
04/04/2023|6:37:35 PM|
American Airlines cuts China routes; China's Qingming Festival fuels tourism rebound.
Expedia posts a net loss of $581 million in Q1, with leisure travel leading the recovery
05/07/2021|8:49:11 AM|
For the first quarter of 2021, total gross bookings decreased 14%, with lodging bookings experiencing year-over-year growth in the first quarter.
China to resume inbound group travel; Japan to end test requirement for Chinese visitors | Daily Brief
03/31/2023|11:19:28 PM|
Alipay records rebound in outbound Chinese tourist spending amid recovery; Chinese carriers cut aviation fuel surcharges for second time this year to spur demand.
Hotel giant H World posts 10.7% revenue increase; domestic flights surpass pre-pandemic levels | Daily Brief
03/28/2023|9:54:43 PM|
China resumes 144-hour visa-free transit policy; Hong Kong tourism chief vows to tackle ‘poor quality’ tours.
Alibaba reorganizes into 6 units; Club Med owner says resort is ‘not for sale’ | Daily Brief
03/29/2023|11:21:40 PM|
Meituan co-founder acquires AI startup; Hong Kong’s travel industry council builds new B2B platform.
China's top airlines post record annual losses; Trip.com Group has Baidu as largest shareholder | Weekly Review
04/01/2023|10:26:05 AM|
Marriott expects over 500 hotels in Greater China in 2023; Meituan’s local commerce segment shines even in tough Q4.
Meituan’s local commerce segment shines even in tough Q4
03/26/2023|11:06:18 AM|
The company shared that operating profit of its local commerce segment, led by the food delivery business, rose by 41% in Q4, even as its hotel and travel business suffered during the same period.
Trip.com Group has Baidu as largest shareholder, over 90% transaction orders from mobile channels in 2022
03/28/2023|1:10:58 PM|
In 2022, Trip.com Group derived approximately 37% of the total revenues from accommodation reservation.
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