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Indebted conglomerate HNA Group to sell US asset Ingram Micro
12/09/2020|11:56:05 PM|
HNA Technology acquired 100% shares of Ingram Micro in December 2016 for USD 5.98 billion, the majority of which was borrowed money from banks.
OTA hotel chain makes investment; Homestay giant's spinoff firm secures funding | Daily Brief
12/05/2020|1:39:24 PM|
China's hotel titans put Marriott and Hilton to shame; Huazhu posts better-than-expected revenue growth in Q3.
GreenTree Hospitality registers 8.6% drop in revenues for Q3
12/03/2020|5:19:38 PM|
RevPAR was down by 19.8% year-over-year.
China asks for two travel tests; WeChat marketing firm raises $50M | Weekly Review
11/08/2020|3:20:16 PM|
Civic groups call for probe into Chinese investment in Taiwan online travel agency; China Southern Airlines reports first quarterly profit since pandemic hit.
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.
Tencent-backed OTA reports $292 million in revenue, almost back to the same level of last year in Q3
11/23/2020|6:23:16 PM|
The year-to-year decrease of adjusted profit was narrowed down to 11.2% in the third quarter of 2020 from 43.2% in the previous quarter.
Alibaba sells 3 million high-end hotel room nights; American Airlines back to China | Daily Brief
11/13/2020|4:00:05 AM|
China says it faces rising risks from imported cases, "not right time" for travel bubbles; Boeing expects China’s airlines to acquire 8,600 new airplanes valued at USD 1.4 trillion in 20 years.
OCT Parks, Fantawild, Chimelong listed on global theme park top 10 list
05/24/2019|2:06:57 PM|
The Top 20 theme parks in Asia Pacific included 11 parks from China, and reached 139.1 million total attendances in 2018, up by 3.6 percent year-on year.
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