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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.
Booking Holdings gains $1 billion on Meituan bet; Trip.com, AirAsia join forces | Daily Brief
08/08/2020|2:48:10 AM|
Hilton hotels' occupancy exceeds 60% in China; Fosun Tourism rebrands Thomas Cook as a lifestyle online platform.
Discount pricing + digital tools drive domestic travel transactions in China
07/23/2020|6:04:56 PM|
Chinese online platforms are focusing on digital tools, especially live-streaming, to revive spending. The plan is to drive domestic travel sales volume through discounts, a tactic being described as a short-term phenomenon.
Home-sharing platform Xiaozhu partners with lifestyle social network Xiaohongshu
07/16/2020|10:19:41 AM|
People relied more on generic content platforms for travel inspiration and decision making than they did on vertical platforms like OTAs, according to a report.
Japan to ease travel curbs for China; Canada updates Hong Kong advisory | Daily Brief
07/02/2020|6:45:06 AM|
Around 90% of staff at Cathay Pacific agreed to take unpaid leave in a second round of cost-saving measures; Chinese hotel chain Huazhu recorded a 15.7% drop in Q1 net revenue.
Alibaba Fliggy names new head; Fosun-invested customized travel firm collapses | Weekly Review
06/21/2020|10:34:34 AM|
Indonesia planned travel bubble with China, Japan, and Australia; China Eastern Airlines partners with Trip.com Group to launch a new airline.
Hotel PMS firm raises $14 million; China accused of blocking US flights | Daily Brief
05/25/2020|11:20:13 PM|
Car-hailing giant Didi started an international travel agency; Meituan recorded 45.5% fewer room nights due to pandemic impact.
Alibaba-invested repricing startup Hotelmize eyes expansion in China and Asia
04/29/2020|9:56:10 AM|
While saving costs for travel companies means cutting hotels’ profits, Hotelmize said hotels will need to improve pricing methods.
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