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Caissa to buy Tuniu shares; OTA offers big discounts to reignite demand | Daily Brief
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.
When borders open, Chinese travelers will be first to travel
Peak recovery time is expected to arrive after September with bookings that seem to even out at the same slopes as last year.
Chinese carriers slash Beijing flights; Hong Kong boosts local tourism | Daily Brief
China’s three largest carriers carried more passengers across their networks in May; Internet travel company Mounsey raises USD 7 million.
Bubbles, corridors and bridges: opening up international air travel
What they don’t do is make much difference to the actual amount of flying that could be happening.
Alibaba-invested repricing startup Hotelmize eyes expansion in China and Asia
While saving costs for travel companies means cutting hotels’ profits, Hotelmize said hotels will need to improve pricing methods.
Flight Plan 2020: How travel will be different a few months from now
The travel industry no longer represents an opportunity for quick profits.
Didi starts international travel agency; Trip.com faces more challenges | Weekly Review
The worse is yet to come as Trip.com Group projected net revenue to drop by 67%-77% in Q2; TravelSky sells a stake in its consumer-facing app to China Southern Airlines.
Shanghai Disney testing parade for reopening; Klook furloughs hundreds | Weekly Review
Parent of Chinese OTA Tongcheng-Elong denied speculation about mass layoffs; A study finds COVID-19 will dent China's total tourism income by a third this year.
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US revokes 14-day quarantine for travelers from Chinese mainland
Beijing to resume direct international flights; ONYX names China head | Daily Brief
China’s hotel bookings almost back to pre-pandemic level
Car hailing startup invested by eHi; Cathay Pacific to mothball half fleet | Daily Brief
How will Skyscanner and Travelfusion evolve post-pandemic?
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