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Airlines fuel optimism that USA can replicate China’s rapid domestic recovery
03/17/2021|5:30:59 PM|
Around 32% of the global passenger jet fleet is still in storage, but for Chinese operators the figure is just over 8%, while for US airlines the figure is below 29%.
Hotel direct sales startup raises fund; Club Med owner eyes multi-brand expansion | Daily Brief
03/24/2021|9:22:27 PM|
China to promote use of safe international travel pass with Russia; Hong Kong leader vows to discuss travel deals with overseas governments.
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.
Leisure-focused OTA Tuniu expects to narrow revenue drop next quarter
03/16/2021|6:40:44 PM|
The company further strengthened cost-control measures and continued to optimize internal management system.
Travel brands assess efficacy of content in evolved purchase loop
04/15/2021|5:55:47 PM|
The role of content and blending it with commerce is getting refined in China. Hotel companies also need to re-work on their tech stack to ensure they end up having a better grip on the customer journey.
Travel sector eyes consumers from lower-cities in China
04/13/2021|11:25:41 AM|
The travel sector is counting on consumers from lower-tier cities as a vital cog for not only revenue generation in the short-term, but also as a growth engine for the future.
Club Med parent plans multi-brand offline expansion post-pandemic
03/24/2021|8:42:27 PM|
By 2023, Fosun Tourism plans to open 16 new Club Med resorts, half of which will be located in China.
Hotel direct sales service provider Honey Guide secures tens of millions of yuan
03/24/2021|10:55:51 AM|
The company’s digital solutions helped some merchants triple or quadruple their transaction values in WeChat.
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