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Huawei launches travel solutions with partner; Beijing Olympics begins 100-day countdown | Weekly Review
10/31/2021|4:36:38 PM|
Unvaccinated Olympics participants to undergo 21-day quarantine; China suspends group trips in mid- and high-risk areas.
Smart hotel solution provider RestHour secures tens of millions of yuan
12/27/2020|9:38:31 PM|
RestHour primarily serves hotels and home-share providers in top-tier cities that have to deal with a huge visitor flow.
Expedia reports net loss of $391 million in Q4
02/12/2021|11:41:06 AM|
Lodging revenue decreased 58% in the fourth quarter of 2020 on a 61% decrease in room nights stayed.
Tongcheng Elong rebranded as Tongcheng Travel; Air traffic declines by over half | Daily Brief
12/16/2021|11:52:27 PM|
Hong Kong expert called for UK flight ban amid Omicron fears; Shanghai Library closed for medical screening.
Amadeus revenue contracted by 61.0% in 2020
02/28/2021|9:54:15 AM|
Travel agency air bookings fell by 81.5%.
Hong Kong lays out mainland travel rules; Cathay sees substantial capacity reductions | Daily Brief
12/14/2021|11:53:42 PM|
Chinese CDC expert says most residents can return home for Spring Festival; Hong Kong airport to provide free travel cover for passengers.
Airbnb reports 22% revenue decline in Q4, “outperforming hotel groups and OTAs”
02/26/2021|8:27:26 AM|
The recovery in Asia Pacific continues to take time.
Accor’s revenue reduces nearly 60% in 2020, but Huazhu invests more
02/24/2021|5:55:57 PM|
In China, the recovery observed from the second quarter onwards gathered pace quarter after quarter, resulting in a 44.2% decline in RevPAR over the year.
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