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Caissa to buy Tuniu shares; OTA offers big discounts to reignite demand | Daily Brief
06/24/2020
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7:02:24 AM
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Several airlines are to receive wage subsidies from the Hong Kong government; Delta will be the first US airline to re-connect the US and China since temporary suspension in February.
E-commerce giant sells OTA asset; Accor works on recovery in China | Weekly Review
06/27/2020
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2:52:42 PM
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Shiji gained three months to sell its U.S.-based asset StayNTouch; Trip.com Group unveiled a USD 500 million fund for its travel partners.
Cathay unveils $5B bailout plan; Asian countries to build more travel bubbles | Weekly Review
06/14/2020
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10:50:01 AM
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China's aviation regulator plans to increase international flights as the demand is skyrocketing; Thailand said China, Japan are interested in travel bubbles.
Airbnb China appoints COO; IHG brings voco brand to China | Daily Brief
07/01/2020
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12:17:15 AM
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Disney is to cut a significant number of jobs in Hong Kong over the coming months; Trip.com Group to sell trips to South Korea in live streaming show.
Caissa Travel suspends purchase of Tuniu shares from JD.com
06/01/2020
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10:01:08 AM
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If Caissa Travel buys Tuniu shares as planned, it will possibly assume a heavy financial burden and take the risk of not getting returns in the long term.
China further opens up its southern province for international flights
06/12/2020
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2:49:43 PM
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The move allows foreign carriers to operate flights between two other countries, without the need to touch down in the airline's home country.
China's air traffic decline slows down; Global aviation losses to top $84 billion | Daily Brief
06/11/2020
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7:18:45 AM
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The Chinese air passengers were down by 52.6% year-on-year in May, compared with a 68.5% year-on-year decline in April; Skyscanner finds post-COVID travel anxiety is easing.
Travel live streaming marks changes for digital marketing after COVID-19
06/24/2020
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11:08:38 AM
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Live streamers need to offer popular and quality products at heavily discounted prices, but that may pose a dilemma between increasing demand and maximizing profitability.
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