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Trump's "tariff hammer" deals a 30% blow to US hotel industry

04/10/2025|11:27:23 PM|

With tariff rates doubling Chinese import cost, US hotels face surging renovation and construction expenses.

Midscale and above hotel signings in China rise 4.3% in 2024

03/28/2025|10:27:11 PM|

Franchising dominates with a 73% share of signings.

Trump wrecks U.S. tourism

04/11/2025|4:18:06 PM|

In the first quarter of this year, bookings for Chinese tourists traveling to the U.S. decreased by more than 40% year-on-year.

Hotel giant H World sees 9.2% rise in 2024 revenue

03/21/2025|3:58:46 PM|

It expects to open around 2,300 hotels in 2025.

China’s top 3 hotel groups reveal diverging paths in 2024 earnings reports

04/08/2025|5:29:55 PM|

The contrasting annual results highlight different growth strategies.

Charter bus service platform Webus raises USD 8 million in Nasdaq IPO

03/14/2025|10:55:20 PM|

Webus launched sub-brand Wetour to offer customized outbound services for Chinese travelers.

Data insights: China’s midscale and above hotel market in January 2025

03/21/2025|5:18:24 PM|

Investments are shifting from top markets towards second- and third-tier cities.

AirAsia suspends several China routes amid intensifying Southeast Asian competition

03/18/2025|4:33:13 PM|

Round-trip fares on some routes fall well below operational costs during off-season.

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