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Fosun Tourism posts 50% drop in half-year revenue
08/26/2020|5:17:05 PM|
The company launched the “Thomas Cook Lifestyle Platform” and recorded over 104,000 registered users and transaction volume of around USD 4.8 million in less than a month.
Daily flights in China rebound to 80%; Beijing airport to lose $100M in half year | Daily Brief
07/27/2020|10:36:51 PM|
Fosun warns investors of 76% slide in earnings as coronavirus ravages tourism business; Alibaba's credit scoring unit Zhima Credit launched a credit-based accommodation booking service.
Trip.com mulls Nasdaq delisting; TikTok takes on lifestyle-booking | Weekly Review
08/01/2020|11:09:18 PM|
Alibaba rolls out credit-based Accommodation At Will program Suixinzhu; Skyscanner offers DMOs free advertising slots.
Joint report by Trip.com and Google indicates travel interest recovery
08/22/2020|12:06:13 PM|
From January to June, Japan and Korea were the top choices for short-haul trips.
Generation Z consumers present new growth engine for travel brands
08/02/2020|6:36:32 PM|
Some 10% of them make travel reservations on e-commerce platform Taobao, video-sharing app TikTok and lifestyle sharing platform Xiaohongshu.
Trip.com Group controls nearly 49% voting rights of MakeMyTrip
08/19/2020|11:51:53 PM|
The rising tension between China and India may pose a threat to business investments and partnerships between the two countries.
IHG's Greater China RevPAR drops 62% in half year
08/12/2020|5:15:34 PM|
The Greater China area generated USD 18 million in half-year revenue for IHG, and that's only 1.4% of the UK-based hotel chain's global income in the period.
Alibaba talks with Ctrip to take on Meituan; China reopens visa channels | Weekly Review
08/16/2020|11:57:54 AM|
President Trump's ban on super-app WeChat will deal a serious blow to U.S. tourism; "Happy Flight" travelers crashed Chinese airline's app with panic buying.
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