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Airline, railway launch combined service; Shanghai airports to get 5G coverage | Daily Brief
08/26/2020
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10:25:49 PM
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Shanghai hotel occupancy hit post-COVID high; Fosun Tourism posted 50% drop in half-year revenue.
Hotel giant Huazhu reports nearly 32% drop in Q2 revenue
09/15/2020
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2:25:45 AM
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Occupancy at Legacy Huazhu was 79% in July and 84% in August.
Tencent-invested OTA forms exclusive partnership with LINE unit in Thailand
09/08/2020
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12:17:12 PM
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The strategic cooperation with Rabbit-LINE Pay will enable TravelGo.com to bring seamless online travel booking services to more than 46 million LINE users in Thailand.
Tencent-invested travel firm reports 24.6% drop in revenue, sees recovery trend
08/28/2020
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6:37:48 PM
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As of June 30, around 85.9% of its registered users resided in non-first-tier Chinese cities.
Airbnb adds 100,000+ new guests in China, second only to US
08/27/2020
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10:12:20 AM
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Two thirds of the new Airbnb users chose destinations within 480 km from home.
Accor-IHG merger needs Jin Jiang consent; Travel agencies gross $100 billion | Daily Brief
08/25/2020
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11:30:41 PM
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Pinduoduo ventured into hotel business, taking on Trip.com and Meituan; Beijing tightened regulations on urban home-sharing business.
Unlimited passes are fine, but airlines must focus on passenger confidence
08/19/2020
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5:58:40 PM
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Sales initiatives like unlimited flight passes can pave way for a decent sized cash-flow injection in the short-term. In addition to exploring more options for revenue generation, there is also a need to focus on other aspects to boost the passenger confidence.
Movie Hotel raises over $25 million to create hybrid experience
08/21/2020
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4:51:08 PM
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More than 300 properties have signed up for this private-cinema-hotel idea.
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