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OTA buys payment license; Alibaba invests in Utour, Dufry | Weekly Review
10/11/2020
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4:38:09 PM
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Travel experiences platform KKday raises $75 million in C round; Marriott’s occupancy rate in China tops 80%.
Finnair partners TravelSky, Tongcheng-Elong; PMS firm secures funding | Daily Brief
09/30/2020
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12:11:04 AM
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Alibaba acquires a minor stake in a major tour operator; Travel experiences platform KKday raises $75 million in C round.
OYO China's CFO steps down; Rental platform partners with ByteDance | Weekly Review
07/12/2020
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10:12:03 AM
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CEO of IHG's Greater China region saw more hotels joining chain brands after pandemic; Airbnb China reports more than 20% rise in active listings in June.
Leveraging 3rd party flagship stores for building "in China for China" business
07/05/2020
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5:23:21 PM
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Foreign hotel companies are setting up their flagship stores on Ctrip and Fliggy, and looking at them as a way to let locals shop in a way they are accustomed to.
China air passenger volume down 56.54% in January-May to 117 million
06/30/2020
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10:24:53 AM
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The number of passengers in May increased by 54.54% month-on-month.
Chinese arrivals to Australia drop 99.8%; China Southern to raise over $2B | Daily Brief
05/16/2020
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10:39:31 AM
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Hotel occupancy in China reached over 40% during May 6-10 as business travel increased; Cathay Pacific flagged a “very bleak” outlook as coronavirus grounded planes globally.
Airbnb's China bookings rise 200%; Skyscanner sees optimism | Daily Brief
04/27/2020
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11:49:05 PM
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Over 80 million Chinese are expected to enjoy their first vacation since coronavirus lockdown; Virus outbreak severely impacted China's image as a travel destination.
Alibaba-invested repricing startup Hotelmize eyes expansion in China and Asia
04/29/2020
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9:56:10 AM
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While saving costs for travel companies means cutting hotels’ profits, Hotelmize said hotels will need to improve pricing methods.
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