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Meituan bounces back in Q3, witnesses peak daily GTV across main businesses
12/03/2020|7:24:08 PM|
Medicines, flowers, late-night snacks… Meituan chose to look at existing resources for going deeper into consumers’ lives. The company's hotel bookings shot up in Q3 as demand for hotels “entirely shifted inward domestically”.
ByteDance sets up a travel agency; Mafengwo sheds light on night tourism | Weekly Review
12/19/2020|10:17:57 PM|
Hilton CEO said China is second-largest market, key part of growth strategy; Alibaba-invested mobility platform Hellobike applies for hotel-related trademark.
Tencent-backed OTA reports $292 million in revenue, almost back to the same level of last year in Q3
11/23/2020|6:23:16 PM|
The year-to-year decrease of adjusted profit was narrowed down to 11.2% in the third quarter of 2020 from 43.2% in the previous quarter.
Club Med, Thomas Cook works with DerbySoft; China, Cuba extend travel ties | Daily Brief
12/17/2020|6:42:14 PM|
Chinese carrier eyes Etihad's Air Serbia stake; Hainan offshore duty-free sales pass $3.8 billion for 2020.
China Southern Airlines sees 38.8% drop in passenger capacity for 11 months
12/17/2020|2:19:53 PM|
For the January-November period, passenger traffic declined 47.24%.
How airline revenue management and pricing teams respond to revenue volatility?
11/16/2020|11:06:10 PM|
The revenue management framework and the approach to pricing will have to unlearn and re-learn to adapt and deliver in the new realities.
Tongcheng-elong’s CEO throws light on effective recovery strategy in Q3
11/28/2020|8:52:19 PM|
The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
Chinese travel platform Mafengwo’s report sheds light on night tourism trends
12/16/2020|2:51:13 PM|
More than 72% of the Post-95s tourists made special plans for night tours.
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