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CTS Group invests in resorts; China urges reduced travel during holiday | Daily Brief
12/25/2020|10:25:28 PM|
Beijing avoids draconian COVID restrictions ahead of festival; Trip.com Group appoints executive president of market.
Meituan posts 113.9 million domestic hotel room nights in Q3, up by 3.7%
11/30/2020|6:43:34 PM|
Thanks to China’s effective control measures and stronger traveling demands during the summer, cross-city and business travel both recovered well in comparison to previous quarters.
Trip.com Group’s Q3 accommodation revenue rose by 98% over Q2
12/04/2020|10:52:34 AM|
The domestic hotel market is leading the overall recovery, uplifting the entire travel sector in China. Trip.com Group’s accommodation revenue in Q3 was USD 365 million, a 98% increase from the previous quarter.
Travel brands count on online social posts to stay afloat
11/26/2020|8:21:41 AM|
Whatever is being expressed on platforms like Twitter, Weibo or TikTok is an indication of how travel is being missed and proactive companies have already tried to make the most of the same.
China imposes tougher flight restrictions; New Year holiday bookings reach peak | Daily Brief
12/19/2020|12:40:33 AM|
Disney's chairman Robert Iger wants to be US ambassador to China; Chinese carriers' streak ends as recovery slows.
Counting on novel fintech offerings for travel–related buys
11/11/2020|8:04:51 AM|
The potential of fintech apps and the possibility of how payment and other finance-related activities can pave way for a travel-related buy are being evaluated in China.
Mobility firm seeks hotel trademark; Rosewood Hotel works with Trip.com | Daily Brief
12/17/2020|12:13:04 AM|
Cathay Pacific reports 98.6% drop in passenger number; Top 20 China Travel Groups for 2020 announced.
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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