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OTA buys a stake in airport app; E-commerce site adds flight booking service | Daily Brief
06/02/2020|11:30:38 PM|
EU chamber urged China to cut subsidies to inefficient airlines; Marriott hotels' occupancy rate in China rose to 40%.
Caissa Travel suspends purchase of Tuniu shares from JD.com
06/01/2020|10:01:08 AM|
If Caissa Travel buys Tuniu shares as planned, it will possibly assume a heavy financial burden and take the risk of not getting returns in the long term.
Huazhu restructures for global plan; Trip.com Group buys Dutch OTA | Weekly Review
05/23/2020|9:22:05 PM|
OYO has finally appointed a CEO for its China unit; The world's top 50 hotel brands are losing USD 14 billion in value.
OTA joins group to launch an airline; Chinese flight suspended over infection | Daily Brief
06/16/2020|12:18:09 AM|
Fosun-invested customized travel agency has gone bust; Indonesia plans travel bubble with China, Japan, and Australia.
China further opens up aviation; Asian nations mull broader travel bubbles | Daily Brief
06/11/2020|10:45:13 PM|
Thailand said countries including China and Japan are interested in travel bubbles; China decided to introduce the Seventh Freedom of the Air in southern province Hainan.
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.
Domestic flights further rebound; Searches for China flights rise | Daily Brief
06/04/2020|11:45:20 PM|
China and Singapore agreed to create a fast lane to facilitate essential travel without 14-day quarantine from June 8; Trip.com Group set up a new unit to invest in startups.
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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