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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.
Trip.com Group focuses on content, looking to be "a hub for travel inspiration"
12/03/2020|10:01:53 PM|
The company will work on securing boutique and diversified inventory in addition to sourcing deals of mass popularity.
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.
Infor launches cloud PMS in China; United, American halt non-stop flights | Daily Brief
12/03/2020|1:28:26 AM|
Trip.com Group reports first profit post-pandemic; Dynamic fares arrive on Beijing-Shanghai high-speed rail.
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.
Taiwan OTA accused of leaking data to China; Meituan posts 113M room nights | Daily Brief
11/30/2020|10:05:20 PM|
Fosun targets Greater Bay Area tourists with Thomas Cook resort on Zhuhai island; Japan, China resume business travel.
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.
China's hotel occupancy recovers faster than rest of world
12/31/2020|2:22:24 PM|
The weekly occupancy rate of the hotels in China was 61.7% as of the end of November, followed by Middle East (51%) and United States (35.7%).
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