Search results for “first-tier city”
China’s hotel industry sees 4 major new trends in H2
10/29/2020|6:19:51 PM|
The impact of the pandemic lingers, and Chinese consumers’ minds and behaviors have already radically changed.
Tencent-invested travel firm reports 24.6% drop in revenue, sees recovery trend
08/28/2020|6:37:48 PM|
As of June 30, around 85.9% of its registered users resided in non-first-tier Chinese cities.
China eases restrictions on foreign agencies; Air-rail service takes off | Weekly Review
08/29/2020|8:37:48 PM|
Pinduoduo ventures into hotel business, taking on Trip.com and Meituan; Airbnb adds 100,000+ new guests in China.
Tencent-invested OTA sees recovery, Chinese travelers switch to private tours | Daily Brief
08/28/2020|11:01:53 PM|
Chinese OTA Tuniu reported 97% drop in packaged-tour revenue; TravelSky posted 40% decrease in half-year revenue.
Focus on local travel products surges in China
08/15/2020|8:12:06 PM|
Understanding the difference in perspective for locals, as for how they consider their native place and related experiences and activities, is critical.
IHG's Greater China RevPAR drops 62% in half year
08/12/2020|5:15:34 PM|
The Greater China area generated USD 18 million in half-year revenue for IHG, and that's only 1.4% of the UK-based hotel chain's global income in the period.
IHG Greater China CEO: Covid-19 drives more independent hotels to join chains
07/09/2020|10:41:56 AM|
As of March 31, IHG has opened 475 hotels in Greater China, three quarters of which are located in second- or lower-tier cities.
China’s Top 50 Hospitality Groups Report 2020: Opportunities coexist with crisis
07/24/2020|10:10:16 PM|
Midscale hotels are still growing fast and playing a key role in China’s hotel industry.
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