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Expense management startup raises $92.5M; Canton Fair stays virtual in April | Daily Brief
03/19/2021|10:30:06 PM|
Visa rules relaxed for Chinese vaccine recipient in 26 countries; Cologne uses WeChat to attract Chinese tourists.
Wyndham reports a 40% revenue decline, but Greater China RevPAR performs far better than other regions
02/12/2021|11:56:55 PM|
System-wide rooms declined 4% year-over-year.
Chinese outbound tourism to recover in 5 years; HNA starts restructuring | Daily Brief
03/18/2021|11:15:50 PM|
More flights serve Beijing amid easier quarantine; China studying international travel policies for inoculated groups.
Ocean Link raises $580m fund; China buoys Lagardère in a tough year | Daily Brief
02/27/2021|12:13:10 AM|
Epidemic response helps planes get back in skies; Spring Festival holiday tourism income recovers to 58.6% of pre-virus level.
OTA's international revenue drops; Hotel membership startup secures new funding | Daily Brief
03/16/2021|10:58:14 PM|
China asks visa applicants to get inoculated with Chinese-made vaccines; Leisure-focused OTA Tuniu expects to narrow revenue drop next quarter.
Hotel membership operator OTM secures RMB 40 million in an angel round
03/16/2021|5:20:49 PM|
OTM has established cooperation with more than 500 hotels since December 2020.
Global theme park brands accelerate expansion; China plans "1-2-3 Travel Circle" | Daily Brief
03/15/2021|11:28:56 PM|
TravelSky projects annual net profit of more than $60 million; China to ease domestic travel restrictions, allowing train travel without COVID-19 test report.
EU may recognize Chinese vaccine certificates; Cathay posts $2.8B annual loss | Daily Brief
03/12/2021|1:30:01 AM|
Macau airport flight tally likely to be up in March; Vaccine passports face potential problems.
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