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WeChat marketing firm raises $50M; Singapore searches on Trip.com surge | Daily Brief
11/04/2020|11:58:49 PM|
China is exempt from Hong Kong’s new quarantine; Beijing-Shanghai high-speed rail to implement floating fares.
OTA buys payment license; Alibaba invests in Utour, Dufry | Weekly Review
10/11/2020|4:38:09 PM|
Travel experiences platform KKday raises $75 million in C round; Marriott’s occupancy rate in China tops 80%.
China advises less overseas travel; Tourists decline hits luxury sector | Daily Brief
09/23/2020|11:27:08 PM|
China Duty Free Group tops first-half global travel retailer rankings; Asia Pacific hotels report continued improvement but at low levels.
Cathay paves way for lay-offs; Deal renewal of TravelSky, China Eastern delayed | Daily Brief
09/12/2020|11:26:50 AM|
China begins $4.9 billion expansion project at a Silk Road airport; Accor announces its first flagship Fairmont Resort in Greater China.
Unlimited passes are fine, but airlines must focus on passenger confidence
08/19/2020|5:58:40 PM|
Sales initiatives like unlimited flight passes can pave way for a decent sized cash-flow injection in the short-term. In addition to exploring more options for revenue generation, there is also a need to focus on other aspects to boost the passenger confidence.
China eases restrictions on foreign agencies; Air-rail service takes off | Weekly Review
08/29/2020|8:37:48 PM|
Pinduoduo ventures into hotel business, taking on Trip.com and Meituan; Airbnb adds 100,000+ new guests in China.
Hilton tweaks strategy in China; Chinese tourism recovers faster than world | Daily Brief
08/19/2020|12:09:47 AM|
New Century Hotel reports $13 million net loss; Pandemic fails to slow China’s high-speed network expansion.
Leveraging 3rd party flagship stores for building "in China for China" business
07/05/2020|5:23:21 PM|
Foreign hotel companies are setting up their flagship stores on Ctrip and Fliggy, and looking at them as a way to let locals shop in a way they are accustomed to.
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