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Chinese OTA Tuniu reports net loss of $9.1 million in Q3
12/01/2020|10:07:45 PM|
The company expects net revenues to drop 70%-75% in the next quarter.
Meituan posts 113.9 million domestic hotel room nights in Q3, up by 3.7%
11/30/2020|6:43:34 PM|
Thanks to China’s effective control measures and stronger traveling demands during the summer, cross-city and business travel both recovered well in comparison to previous quarters.
Counting on novel fintech offerings for travel–related buys
11/11/2020|8:04:51 AM|
The potential of fintech apps and the possibility of how payment and other finance-related activities can pave way for a travel-related buy are being evaluated in China.
HK-Singapore travel bubble burst; China, Japan to resume travel by month end | Daily Brief
11/25/2020|6:48:14 AM|
Thailand no longer main draw for China tourists; BOC Aviation wins civil suits against AirAsia X.
Xbed hotel brand raises more than $15 million, aiming for expansion in lower-tier cities
11/22/2020|11:07:48 AM|
Xbed now has a total number of 3.7 million registered users.
China’s hotel industry first to show growth; Chinese tourists arrive in Thailand | Daily Brief
10/22/2020|12:23:56 AM|
Hong Kong-Singapore travel bubble has one flight a day; Universal Beijing Resort unveils new theme park details.
Singapore, Hong Kong reach travel deal; Louvre works with Alibaba | Weekly Review
10/17/2020|10:22:44 PM|
Fintech conglomerate Aladdin Holdings invests in four listed travel companies; Shanghai to welcome Legoland theme park, hotel.
Fliggy sees rise in bookings; China not ready for travel bubbles | Weekly Review
11/14/2020|9:06:52 PM|
Trip.com sees demand rise in Singapore and Hong Kong; Boeing issues upbeat forecast on China market.
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