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Hotel giant projects 87% rise in revenue; Tencent powers airlines' digital cabin | Daily Brief
05/26/2021|12:09:18 AM|
Australia loses title as ‘most coveted’ destination for Chinese students; Klook gets requests to cancel or postpone staycation, cruise bookings after Covid-19 rules change.
Disney parks and experiences revenues nearly halve, but net income doubles
05/15/2021|9:55:55 AM|
The company estimated an additional USD 1.2 billion impact on the Disney Parks, Experiences and Products segment operating income compared to the prior-year quarter.
China's population growth is ending; Hotel chain seeks $2 billion US listing | Daily Brief
05/11/2021|9:57:15 PM|
China is experiencing a rural tourism boom amid the Covid-19 pandemic; Duty-free discounts fueling greater travel spending.
Marriott sees 76.8% RevPAR rise in Greater China, but still a long way to full recovery
05/11/2021|12:19:22 AM|
Total revenues for this quarter were USD 2.3 billion, down by 51% compared with the same period of 2020.
Decoding travel demand in China’s 1.4 billion population; Shanghai Disney sees rising revisit numbers | Weekly Review
05/24/2021|8:29:20 AM|
China gearing up for international travel; Fosun unit sets up firm to invest in airline.
Meituan taking on rival in hotel bookings; Juneyao links up with Trip.com eyeing HNA assets | Daily Brief
06/11/2021|12:48:47 AM|
Family camping trips offer more choice, value and memories; Cathay Pacific ties in vaccination push with private party marketing.
Hospitality customer experience firm Vocust raises nearly RMB 100 million in A round
06/09/2021|9:59:50 AM|
The company was founded by Trip.com’s former COO and backed by top investors like Tencent and Sequoia Capital .
Hilton reports 54.5% revenue decrease in Q1, sees occupancy rise only in Asia
05/05/2021|11:07:21 PM|
The RevPAR in Asia was USD 42.7, down by 6.6% year-on-year.
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