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Hotel giant projects 87% rise in revenue; Tencent powers airlines' digital cabin | Daily Brief
05/26/2021
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12:09:18 AM
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Australia loses title as ‘most coveted’ destination for Chinese students; Klook gets requests to cancel or postpone staycation, cruise bookings after Covid-19 rules change.
How can your property emerge as a winner in 2021?
04/02/2021
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5:37:18 PM
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Many hoteliers are continuing with shortsighted budgeting decisions in 2021, without considering the long-term implications.
Ryanair announces a US$989 million loss and apparently things are getting better!
05/21/2021
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2:34:39 PM
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This should have been the week when Europe’s aviation markets reopened, and the holiday season started but it all feels pretty flat.
Accor may use SPAC to own real estate while still trumpeting asset-light strategy
05/21/2021
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2:24:15 PM
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Accor’s potential SPAC listing would target companies in the lifestyle and leisure sector. The company wants to raise as much as $366 million under such a deal.
Trip.com net income rises 80% from previous quarter, domestic reservations fully recover
05/19/2021
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7:40:58 AM
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Accommodation reservation revenue for the first quarter of 2021 was US$ 241 million, representing a 37% increase from the same period in 2020.
Martin Moodie on why Hainan is “The Lighthouse of Travel Retail”
04/22/2021
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6:27:49 PM
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Authorities expect the offshore business in Hainan to rise to USD 9.3 billion this year and climb to at least USD 15.5 billion in 2022.
Chinese independent travelers seek authenticity in Europe dining, study finds
04/21/2021
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11:06:48 PM
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Destination marketers need to revisit their symbolic food images to showcase diversity of local cuisines, adjust expectations and broaden understanding of international visitors.
Air France-KLM joins airlines getting ahead of fare wars by mimicking Uber
04/01/2021
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2:19:32 PM
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For decades, most large airlines have used the same, rigid approach to pricing their tickets. But they now want to break free of the old ways. Will travel agents play along?
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