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Decoding travel demand in China’s 1.4 billion population: more seniors travel than families
05/21/2021|11:18:48 AM|
The middle-aged and senior population comprises more than one-third of the country’s total population.
Cross-border travel drop offsets OTA's recovery; Meituan invests in AI robotics startup | Daily Brief
05/20/2021|12:12:46 AM|
Hotels account for 62% of China’s lodging industry, most in economy segment; Hong Kong’s battered tourism sector urge people to get vaccinated.
China trends fuel Marriott's recovery confidence; Viacom to build resort in Hainan | Daily Brief
05/11/2021|2:19:21 AM|
Trip.com Group's Star Hub channel launches with over 100 leading travel partners on board; Pilot travel bubble across Taiwan Straits postponed.
China sees a 244% rise in theme-park businesses registration in January-April
05/13/2021|2:21:48 PM|
China has nearly 3,000 theme parks so far, and about 400 are large-scaled ones.
Expedia posts a net loss of $581 million in Q1, with leisure travel leading the recovery
05/07/2021|8:49:11 AM|
For the first quarter of 2021, total gross bookings decreased 14%, with lodging bookings experiencing year-over-year growth in the first quarter.
China’s outbound travel expenditure tops USD 127.5 billion in H1 2019
09/30/2019|9:50:21 AM|
Asian destinations captured 54% share of the total Chinese outbound tourists spending, while America and Europe claimed 24% and 13% respectively.
Chinese hotel giant Huazhu reaps 15% of annual revenue from overseas unit
04/25/2021|5:55:27 PM|
As of last year, Huazhu still held USD 897 million worth of investments in companies including Accor (USD 593 million) and OYO (USD 10 million).
China state media promotes Korea tourism; Hilton eyes 400th hotel this year | Daily Brief
04/20/2021|10:12:49 PM|
Trip.com works with Amadeus' cloud-based flight search platform; Hong Kong gives green light for world-class sport to return in May.
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