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Japan to ease travel curbs for China; Canada updates Hong Kong advisory | Daily Brief

07/02/2020|6:45:06 AM|

Around 90% of staff at Cathay Pacific agreed to take unpaid leave in a second round of cost-saving measures; Chinese hotel chain Huazhu recorded a 15.7% drop in Q1 net revenue.

Chinese OTA Tuniu leads 40 million yuan funding for outdoor event platform Tourye

12/10/2018|3:12:08 PM|

Travel products booking fees, sports equipment and advertising services are the three major revenue streams for Tourye, and travel product booking revenues make up more than 90% of total.

Huazhu ranked 4th globally, Meituan files for IPO, and more in ChinaTravelNews Briefing

07/09/2018|10:48:48 AM|

AccorHotels’ shareholder Huazhu surpassed IHG in market capitalization as the world’s fourth highest valued hospitality group. Tencent-invested e-commerce and travel firms Meituan and Tongcheng Elong filed for Hong Kong listings.

Fosun splashes out billions of yuan in luxury tourism property

07/19/2016|9:59:26 AM|

Fosun has splurged nearly RMB 11 billion on building Atlantis Sanya, a high-end resort featuring 807 apartments and 197 villas which will appeal to global investors.

Aman sets new destination in China

06/15/2016|3:26:26 PM|

Set to launch in 2017, Aman’s fourth property in China, its most ambitious to date, will comprise a village of historic dwellings surrounded by a sacred camphor forest.

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