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Lifestyle hotel brand Atour reportedly plans $300m US IPO
04/19/2021|3:57:18 PM|
The company was backed by Legend Capital and Alibaba’s former CEO Mr. Zhaoxi Lu in previous funding round.
Luxury resort brand enters China market; Airline offers 10,000km flight product | Daily Brief
04/12/2021|6:35:16 PM|
China’s tourism to rake in $195 billion in first half of 2021; Macao expected to be "dark horse" in the coming May holidays.
OTA rolls out travel marketing hub; Alibaba, Hilton integrate membership | Weekly Review
04/04/2021|11:24:18 PM|
TravelSky net profit plunges 85% in 2020; Tongcheng-Elong acquires a corporate travel firm.
Alibaba invests in hotel wholesaler; OTA could raise $1.35 billion | Daily Brief
04/07/2021|11:30:58 PM|
Shiji jumps after Ant Group invests $68.6 million in retail system unit; Chinese travel rebounds during holiday while spending still lags.
Corporate travel startup Z-Trip raises $14 million, aiming to build an open procurement platform
04/16/2021|10:42:31 AM|
Corporate procurement operators should not only simplify management procedures with advanced tools, but also get access to external resources and markets.
Wyndham plans expansion in Asia Pacific; Meliá grows in China | Daily Brief
04/15/2021|10:33:01 PM|
Macau seeks mutual vaccine recognition with Guangdong; Trip.com partners with CommonPass.
GreenTree Hospitality revenues drop 14.8% last year
04/15/2021|5:07:37 PM|
RevPAR was RMB 124 for the fourth quarter in 2020, down by 3.2% year-over-year but up by 4.1% quarter-over-quarter.
China mulls over differentiated visa policies; Club Med owner plans multi-brand expansion | Weekly Review
03/28/2021|10:43:08 AM|
Meituan reports 354.5 million room nights booked in 2020, down by 9.7%; Hotel direct sales service provider Honey Guide secures tens of millions of yuan.
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