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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%.
Holiday spending still a third below; Japan to lift travel ban to China | Daily Brief
10/09/2020|11:51:44 PM|
Alibaba acquires nearly 10% stake in Dufry, forms China joint venture; Ctrip chairman says live streaming is here to stay as Chinese tourism almost "fully recovers".
Discount pricing + digital tools drive domestic travel transactions in China
07/23/2020|6:04:56 PM|
Chinese online platforms are focusing on digital tools, especially live-streaming, to revive spending. The plan is to drive domestic travel sales volume through discounts, a tactic being described as a short-term phenomenon.
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.
TikTok challenges Ctrip, Meituan; Skyscanner offers free ad slots | Daily Brief
07/30/2020|12:23:21 AM|
A study finds that China's outbound tourism will recover in 6-12 months; Japan, China agree to work toward resuming travel.
Video sharing app TikTok challenges Ctrip and Meituan in their stronghold
07/30/2020|12:24:25 AM|
Video sharing platforms TikTok or Kwai are more interested in carving out their own niche in the local lifestyle services segment rather than being merely a traffic portal for Ctrip and Meituan.
E-commerce giant sells OTA asset; Accor works on recovery in China | Weekly Review
06/27/2020|2:52:42 PM|
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.
Alibaba Fliggy names new head; Fosun-invested customized travel firm collapses | Weekly Review
06/21/2020|10:34:34 AM|
Indonesia planned travel bubble with China, Japan, and Australia; China Eastern Airlines partners with Trip.com Group to launch a new airline.
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