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Hong Kong’s only budget airline loses USD 66.9 million in first half of 2025

08/15/2025|10:39:22 PM|

The half-year loss exceeded the carrier’s total deficit for full-year 2024.

Ele.me co-founder launches senior travel startup, raises over $13 million in Series A funding

07/10/2025|6:04:47 PM|

By 2040, seniors may account for 50% of all domestic travelers in China.

IATA to offer digital currencies in financial settlement systems

10/30/2024|3:41:49 PM|

The first digital currency to be offered is the digital Renminbi.

Spring Airlines leads, Big Three lose in Chinese carriers’ Q1 earnings

05/07/2025|4:53:37 AM|

All four non-state-owned airlines turned a profit, while China Express stood out with a 232% surge in net income.

Trip.com Group reports 60%+ increase in international platform bookings in Q1

05/20/2025|10:51:20 AM|

Outbound hotel and air ticket bookings have grown to more than 120% of the pre-COVID level for the same period in 2019.

Is a stronger RMB the biggest black swan for China’s tourism in 2026?

01/19/2026|8:20:01 AM|

It has hit the gas for outbound travel that was suppressed in previous years.

Hotel supply chain platform Convergent raises $13.8 million in Series B+ round

04/01/2025|3:40:00 PM|

The company posted an 82% year-on-year increase in Q1 business.

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.

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