Search results for “consumer spending”
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.
US hotelier to buy software firm from Chinese owner; Online travel to grow 20% | Daily Brief
08/31/2020|10:44:08 PM|
Greater China hotels sector is well-positioned to lead APAC recovery; Chinese residents flock to theme parks.
Meituan launches Super Group-Buying for hotel advance purchase
08/15/2020|8:12:25 PM|
Unlike traditional group buying, the new offering can be redeemed and managed through online self-service.
Accor works on a domestic travel recovery promotion in China
06/23/2020|5:01:50 PM|
Accor worked with travel and social media platforms including Ctrip, Fliggy, Meituan Dianping and WeChat, capturing the pent up domestic demand for travel and even impulse consumption by rewarding loyalists.
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.
Greater China leads Hyatt recovery; Generation Z brings new engine | Weekly Review
08/08/2020|11:39:08 PM|
Booking Holdings gets a triple return on Meituan investment; Jin Jiang remains Accor's biggest shareholder with a 13% stake.
Generation Z presents new opportunity; Alibaba Fliggy enhance loyalty rewards | Daily Brief
08/04/2020|12:13:07 AM|
China reports 207 million railway trips in July; Taiwanese airlines offer fun flights to Japan but don’t expect to land.
China shows strong desire for trips; HNA Group gets US bailout funds | Daily Brief
07/09/2020|5:30:33 AM|
Consumers turn to duty-free as outbound tourism halted; Airlines explore new ways to offset economic losses.
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