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US orders government staff to leave Shanghai; Meituan cuts jobs | Daily Brief
04/12/2022
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9:55:36 PM
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Food delivery platforms offer free hotel for riders during Shanghai outbreak; Marriott is bullish on China market looking up by May.
Frequent, more extravagant vacations lead travel trends in China
10/28/2020
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1:37:28 PM
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Domestic travel is no longer confined to public holidays, and instead is taking place every weekend.
Online travel giants ramped up marketing spend in 2021
04/02/2022
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7:06:15 PM
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Booking Holdings investment in marketing in Q3 reached $1.38 billion,3% up on Q3 2019’s figure.
The 2022 Gen Z Traveler Trends Report: Short video channels popular for bookings
04/02/2022
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5:22:02 PM
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OTAs were still Gen Z’s first choices when making reservations, drawing 62.5% of these young users.
Spring travelers long for road trips, blossom and the great outdoors
03/28/2022
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1:45:35 PM
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A growing number of Trip Moment users from Asian countries have taken to sharing pictures of their excursions under the blossom boughs.
Meituan believes it now has even a bigger say in hotel bookings
03/28/2022
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12:07:15 PM
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CEO Xing Wang pointed out that the team has “cultivated consumer mindshare of Meituan as the go-to platform for hotel reservations”.
Meituan reports domestic hotel room nights booked in 2021 up by 34.5% to 476.9 million
03/25/2022
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5:31:27 PM
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Revenues from the in-store, hotel & travel businesses increased by 53.1% year over year to RMB32.5 billion in 2021.
Trip.com Group reports net revenue of $3.1 billion for 2021, up by 9% YOY
03/24/2022
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2:16:52 PM
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Revenues from corporate travel management experienced a year-over-year growth of 54% for the full year of 2021.
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