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Airbnb loses $276M in Q4; Trip.com taps into virtual banking | Daily Brief
03/13/2020
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10:12:26 PM
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Expedia is withdrawing its adjusted EBITDA guidance due to growing virus impact; Global hotel transaction volumes in 2019 reached USD 66 billion last year.
Shanghai Disney partially reopens; Trip.com launches travel presales | Daily Brief
03/09/2020
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11:38:41 PM
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Trip.com has launched presales of admissions to some 300 scenic spots, air tickets, accommodation and tour packages; Google's travel ad revenue may drop 10.2% in second quarter.
What's Meituan's trump card for selling hotel rooms?
06/28/2018
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2:17:36 PM
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Meituan is targeting cross-selling of hotel accommodation, a low-frequency service, by capitalizing on stickiness for often-bought services such as food delivery and in-store dining.
3 major U.S. airlines suspend China flights over coronavirus
02/01/2020
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10:32:56 PM
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American Airlines and United would still operate flights between the United States and Hong Kong.
Asia is restricting visitors; Agoda offers long-term stays | Daily Brief
03/16/2020
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11:21:21 PM
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Trip.com Group-backed hotel firm reported virus impact of RMB 20.77 million in 38 days; Scandinavian airline SAS will temporarily lay off 10,000 employees, or 90% of its workforce.
Shopping trumps hotels for Chinese tourists
03/05/2018
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6:35:07 PM
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Survey found that Chinese tourists exhibit stronger purchasing power than non-Chinese tourists, at RM2,991 against RM1,908 per person on shopping alone.
Chinese tourism seeks to grow in Cuba
10/31/2019
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6:54:34 PM
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Their program includes tours of several tourist destinations on the island, including Havana, Viñales Valley, Las Terrazas community, and Varadero beach resort.
Chinese tourism to U.S. dwindled in the wake of trade war
08/20/2019
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2:43:09 PM
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Their overall spending went from double digits to a 4% increase in 2017, and a 2% drop last year.
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