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OTAs buy into hoteliers; MGM China advised to partner travel giants | Weekly Review
01/09/2021|9:49:25 PM|
China restricts travel for 11 million people in northern city; Weibo big data report shows family travel and “go west” are trending for hotels.
Annual travel-funding report: Chinese companies raise $5.6 billion, down 70%
01/29/2021|10:47:31 AM|
Quality services such as custom trips and outbound travel were among the most attractive targets for investors.
China extends bans on UK flights; Investments in Cambodia raise concerns | Daily Brief
01/11/2021|6:36:10 PM|
Province tightens quarantine, urges people not to travel; Chinese carriers, other foreign airlines take Canadian wage subsidy.
Creditors filed petition for HNA bankruptcy; Sands to invest $10 billion in Macau | Daily Brief
01/29/2021|11:45:51 PM|
Chinese travel companies raise $5.6 billion last year; China rejects BN(O) passport as travel document.
Online travel giants Meituan, Tongcheng actively invest in hotel groups
01/07/2021|3:58:30 PM|
Chinese OTAs have a long history of buying into their hotel partners.
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.
Hotel robot maker secures $77 million; Skyscanner finds new CEO | Weekly Review
01/23/2021|10:23:29 PM|
Accor strengthens partnership with Alibaba Fliggy; Sequoia China, Ocean Link to invest in high-end hotel chain.
Sequoia China joins Trip.com-backed PE firm in offer to take New Century Hotel private
01/21/2021|2:44:05 PM|
Upscale hotel chain just got listed on Hong Kong Stock Exchange less than two years ago.
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