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Huazhu projects Q4 revenues to surpass previous guidance
01/25/2021|3:16:28 PM|
RevPAR of the Legacy-Huazhu hotels (excluding Deutsche Hospitality) for the fourth quarter was RMB 186, down by 2.4% year-over-year, but up from RMB 179 in the previous quarter.
Ctrip to be MakeMyTrip’s largest stakeholder via share exchange with Tencent investor
04/26/2019|7:22:02 PM|
Naspers will own 5.6% of Ctrip, and Ctrip with a third-party investment entity will own ordinary shares and class B shares of MakeMyTrip, representing 49.0% and 4.0% of the India OTA's total voting power.
ByteDance sets up a travel agency; Mafengwo sheds light on night tourism | Weekly Review
12/19/2020|10:17:57 PM|
Hilton CEO said China is second-largest market, key part of growth strategy; Alibaba-invested mobility platform Hellobike applies for hotel-related trademark.
Airline rolls out NDC on e-commerce site; 407m rail trips expected in travel rush | Daily Brief
12/31/2020|7:04:39 AM|
EHang launches aerial tourism services with strategic partner Greenland; Chinese airline's Australian pilot college in liquidation as 62 local staff sacked.
Hotel data platform Htrip secures USD 25 million in a new financing round
12/29/2020|6:16:40 PM|
The company claimed to have served 185 million middle and high-end business travelers this year.
How will Skyscanner and Travelfusion evolve post-pandemic?
09/18/2020|8:02:18 AM|
Now under the same CEO, the two companies are in a better position to explore new opportunities.
Hong Kong hotels, airline trim staff; China limits travel by US officials | Daily Brief
12/11/2020|11:24:28 PM|
PE firm to buy HNA Group's US unit in $7.2 billion deal; OTT Airlines applies for Chinese air transport licence.
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.
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