Search results for “high-end”
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.
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 shows strong desire for trips; HNA Group gets US bailout funds | Daily Brief
07/09/2020|5:30:33 AM|
Consumers turn to duty-free as outbound tourism halted; Airlines explore new ways to offset economic losses.
Airbnb China appoints COO; Disney to cut jobs in Hong Kong | Weekly Review
07/06/2020|10:21:41 AM|
Over 40,000 hotels in China closed down in the first half of 2020; China's air passenger volume dropped 56.54% in January-May.
How an airline-tech startup leverages TravelSky connection for global demand
07/06/2020|9:11:48 AM|
After 15 years of significant growth, the travel space was stopped in its tracks by the coronavirus outbreak. Now travel companies are seeking new technology to help them survive.
Hotel giant Huazhu reports 15.7% drop in Q1 revenue, expects further decline in Q2
07/01/2020|10:22:38 PM|
Huazhu expects net revenues to decline 32% to 34% year-over-year in the second quarter of 2020, or 35% to 37% if excluding the addition of Deutsche Hospitality.
OTA titan buys into more startups; US-China aviation evolves | Weekly Review
06/06/2020|10:39:59 PM|
E-commerce platform Pinduoduo added flight booking service; Fliggy, Meituan and Trip.com build membership programs for independent hotels.
Social e-commerce platform Pinduoduo adds flight booking service
06/02/2020|4:55:47 PM|
Profitability is not the only challenge that Pinduoduo will have to face, as China’s online travel market is already very crowded.
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