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Tencent-backed Tongcheng Travel posts more than 50% rise in Q1 revenue
05/24/2023|6:48:19 PM|
Some 80% of Tongcheng's active users were contributed by Tencent's Weixin mini program.
Douyin, TikTok's Chinese version, launches calendar-based hotel booking to take on OTAs
05/17/2023|3:01:12 PM|
While service fee was only 4.5% of transaction value, the total cost for Douyin merchants is getting closer to traditional OTA commission cost taking into account other content operation costs.
Puy du Fou enters China's theme-park market; Trip.com Group’s revenue in Q1 exceeds pre-pandemic level | Daily Brief
06/08/2023|6:28:15 PM|
Rumors of third Disneyland in China abound, but researcher says it is unlikely; Visa delays for Chinese professionals hit India businesses.
Puy du Fou enters China's theme-park market: How will French recipe of storytelling cater to Chinese tastes?
06/08/2023|10:28:38 AM|
The French brand aims to expand globally, and China will be vital to that goal.
China's first home-grown cruise ship undocked; Cathay Pacific to pay government HK$1.52b in dividends | Daily Brief
06/06/2023|9:09:42 PM|
Galaxy, MGM are said to explore opening casinos in Thailand; plane ticket prices fall sharply for Dragon Boat Festival.
Hotel group Atour Lifestyle posts over 70% rise in first-quarter revenue
05/19/2023|10:17:38 AM|
Retail and related incomes accounted for 18% of Atour's total revenue in the quarter.
China presses Singapore for visa-free deal; Chinese group transport firm eyes US IPO | Daily Brief
05/08/2023|6:38:37 PM|
Ferry terminal connecting Hong Kong, Guangzhou officially opens; China Eastern to increase Shanghai-Sydney capacity.
Lifestyle hotel group reports 71% revenue growth; Air China in urgent pilot hunt | Daily Brief
05/18/2023|7:23:51 PM|
China offers 144-hour visa-free entry for Norwegian citizens; Langham Hotel Group accelerates expansion with DerbySoft Property Connector.
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