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Meituan reports 16.4% rise in Q2 revenue but notable drop in room nights
08/26/2022|5:54:48 PM|
High-star hotels were more heavily impacted than low-star Hotels.
Ride-hailing service raises $148 million; Trip.com Group aims to be No. 1 in Europe | Weekly Review
08/20/2022|12:36:23 PM|
Fangda injects $1.6 billion to Hainan Airlines; Tencent says Meituan stake-sale report is not accurate.
Airline simplifies loyalty program; Tencent-invested OTA reports a billion+ visitors | Daily Brief
08/19/2022|11:11:26 PM|
Tencent says Meituan stake-sale report is not accurate; China's hotel construction pipeline was slightly down in Q2.
Marriott eyes member sign-ups for Marriott Bonvoy in China
07/14/2022|2:33:29 PM|
The global hotel company has strengthened its ties with the Alibaba ecosystem and counting on Alipay, Fliggy, Tmall and Taobao to target those who are yet to sign up for Marriott Bonvoy travel program.
Meituan acts fast on new demand and cost cutting opportunities in Q1
06/09/2022|2:21:26 PM|
The company highlighted that the decision to support hotel companies’ digital transformation and some of the other initiatives like Hotel + X are contributing immensely at this juncture.
Tencent-invested Meituan posts 25% rise in revenue, 17.7% increase in operating loss
06/02/2022|7:28:15 PM|
Domestic hotel room nights decreased by a single-digit percentage year over year.
Hotelier to buy restaurant chains; Airlines in Shanghai partly resume services | Daily Brief
05/17/2022|6:47:02 AM|
Beijing’s Covid-19 wave unlikely to grow into mass outbreak; Tourism in China evolves, promising new experiences.
China refutes rumor over entry-exit policies; local brands open more upscale hotels | Weekly Review
05/14/2022|10:00:06 PM|
Thai baht hits 5-year low as China curbs foreign travel; Boeing sees progress on 787, China, but supply chain risks loom.
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