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Meituan posts “stellar growth” for first quarter in hotel & travel segment
05/28/2021|6:26:19 PM|
In-store, hotel & travel segment reports a revenue of RMB6.6 billion, an increase of 112.7%.
Booking reports a net loss of $55 million but a 62% increase in air tickets
05/06/2021|8:19:58 AM|
Total revenues for the quarter dropped by 50% year-on-year.
China's population growth slows down; OTA invests in pilot training | Weekly Review
05/16/2021|5:05:36 PM|
China sees a 244% rise in theme-park businesses registration in January-April; Marriott sees 76.8% rise in Greater China RevPAR.
China sees robust growth in theme-park sector; OTA invests in pilot training | Daily Brief
05/13/2021|11:04:24 PM|
Trip.com focuses on personalized domestic travel; China Express bets on subsidized routes, home-grown jets as path to profits.
Indian Covid variant detected in Chinese cities; China issues warning to big tech firms | Daily Brief
05/01/2021|10:48:46 AM|
China’s OTAs and hotel groups are launching more hotel brands to meet diverse demands; US aviation giants hope to gain more market in China.
Trip.com net income rises 80% from previous quarter, domestic reservations fully recover
05/19/2021|7:40:58 AM|
Accommodation reservation revenue for the first quarter of 2021 was US$ 241 million, representing a 37% increase from the same period in 2020.
Smart hotel tech firm raises $45.6 million; Chinese are now more open to travel | Daily Brief
03/31/2021|9:38:15 PM|
State-owned travel conglomerate CTII posts 56% drop in revenue; Singapore mulls over launch of air travel bubble with Hong Kong.
Louvre tests extended-stay hybrid; Alibaba invests in hotel wholesaler | Weekly Review
04/10/2021|11:52:59 PM|
Digital yuan app is tried out by tourism and other services; AirAsia flies into various services in China.
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