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Agoda leads Booking Holdings’ APAC partnerships, capitalizing on China market
02/08/2021|7:44:35 AM|
Meituan and Didi are deemed Booking Holdings’ “strongest partners” in China.
Upscale hotel chain expects profit drop; China's No. 4 airline to draw new investors | Daily Brief
02/03/2021|6:13:14 AM|
Club Med owner Fosun Tourism expects annual loss of up to $410 million; Chinese airlines’ income for the festival travel may rush down 60%-70%.
Marriott refines development strategy in China, focusing on “brand+destination”
03/05/2021|11:32:50 AM|
Marriott plans to open 60 or more hotels in China this year.
MakeMyTrip posts a 61.3% drop in revenue but is on track of recovery
01/28/2021|11:42:37 PM|
Gross bookings improved to $598.8 million in 3Q21 versus $213.0 million in 2Q21, reflecting an increase of 181.5% QoQ.
China sees plunge in travel rush; Cathay raises $870 million | Daily Brief
01/28/2021|10:44:13 PM|
Beijing raises Covid requirements on travelers from low-risk area; China urges less travel during upcoming holiday.
Annual travel-funding report: Chinese companies raise $5.6 billion, down 70%
01/29/2021|10:47:31 AM|
Quality services such as custom trips and outbound travel were among the most attractive targets for investors.
New York investment firm acquires 6.64% stake in Trip.com Group
02/03/2021|3:34:39 PM|
As of February 3, the online travel company was worth USD 18.98 billion.
Trip.com applies for second listing; Accor further offloads stake in Huazhu | Daily Brief
02/21/2021|12:16:42 AM|
US could lose $15-30 billion a year if Chinese tourism, education spending falls; Minor Hotels taps China's growing domestic tourism.
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