Search results for “expansion plan”
TikTok's China app pilots group buying; Tencent invests in travel firm | Weekly Review
03/07/2021|3:18:22 PM|
OTA giant sees content as a new growth driver, rolls out a three-step strategy; Chinese lawmakers, advisors suggest issuing vaccine passports.
Marriott refines development strategy in China, focusing on “brand+destination”
03/05/2021|11:32:50 AM|
Marriott plans to open 60 or more hotels in China this year.
Huazhu reports $471 million net income in Q4, expecting net revenue growth to top 50% in 2021
03/24/2021|10:15:50 PM|
Hotel turnover increased 17.5% year-over-year to RMB 11 billion for the fourth quarter, and decreased 5.6% to RMB 33 billion for the full year of 2020.
ByteDance sets up a travel agency; Mafengwo sheds light on night tourism | Weekly Review
12/19/2020|10:17:57 PM|
Hilton CEO said China is second-largest market, key part of growth strategy; Alibaba-invested mobility platform Hellobike applies for hotel-related trademark.
Trip.com applies for second listing; Accor further offloads stake in Huazhu | Daily Brief
02/21/2021|12:16:42 AM|
US could lose $15-30 billion a year if Chinese tourism, education spending falls; Minor Hotels taps China's growing domestic tourism.
Marriott focuses on “brand+destination” in China; Lawmakers advise vaccine passports | Daily Brief
03/05/2021|10:47:17 PM|
European winter destinations look to Chinese outbound tourists post-pandemic; Hong Kong businessman backs AirAsia with HK$400 million investment.
Tencent, Trip.com invest in new firm; Travel to rebound in second half | Daily Brief
03/01/2021|9:26:17 PM|
Barceló Hotel Group partners with Plateno, Betterwood to expand in China; China’s economic recovery slows amid holiday disruptions.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
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