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CTS Group invests in resorts; China urges reduced travel during holiday | Daily Brief
12/25/2020|10:25:28 PM|
Beijing avoids draconian COVID restrictions ahead of festival; Trip.com Group appoints executive president of market.
China bans Tripadvisor app; Qunar CEO expects annual profit | Weekly Review
12/13/2020|2:42:14 PM|
China's domestic air market nearly recovered, the rest of world still depressed; JD.com, China Southern Airlines launch ship-to-home luggage service.
CTS Group buys 34% stake in "micro vacation" resorts New Century Senbo for $23 million
12/25/2020|4:50:27 PM|
New Century Senbo offers short-distance vacations near cities to the Chinese middle-class consumers.
Trip.com eyes $1 billion second listing; China debuts a new bullet train | Daily Brief
01/12/2021|10:03:05 PM|
Analysts say investment in MGM by a Chinese travel firm could be "tricky"; Chinese travel agencies handle 53% less domestic trips.
China extends bans on UK flights; Investments in Cambodia raise concerns | Daily Brief
01/11/2021|6:36:10 PM|
Province tightens quarantine, urges people not to travel; Chinese carriers, other foreign airlines take Canadian wage subsidy.
Travel group LN Holdings acquires two tour operators to expand destination network
12/23/2020|11:50:54 PM|
Last month, Guangzhilv announced that it will acquire Shanghai Shenshen International Travel Service to set up its eastern destination-service system.
Upscale hotel group New Century invests in business hotel Hanyue
12/23/2020|11:14:27 PM|
Other than the capital investment, the two companies vowed to strengthen their cooperation in product, technology, membership, central reservation and platform construction.
China imposes tougher flight restrictions; New Year holiday bookings reach peak | Daily Brief
12/19/2020|12:40:33 AM|
Disney's chairman Robert Iger wants to be US ambassador to China; Chinese carriers' streak ends as recovery slows.
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