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Huazhu Group forms joint venture with Sunac China
03/23/2021|10:58:52 AM|
The joint venture company, named Yongle Huazhu Hotel & Resort Group, is formed with a total registered capital of RMB 50 million.
Hotel membership operator OTM secures RMB 40 million in an angel round
03/16/2021|5:20:49 PM|
OTM has established cooperation with more than 500 hotels since December 2020.
Deutsche Hospitality CEO: Finding the right partner in China is important
03/15/2021|10:48:55 PM|
The German hotel group plans to quintuple its hotel portfolio by 2025, partly through mergers and acquisitions.
Singapore-Hong Kong bubble still in talks; China signals softening of travel restrictions | Daily Brief
03/12/2021|9:31:30 PM|
LEGO Group reaffirms investment in China; Trip.com Group names Finn Partners as agency of record.
Trip.com to get listed in HK in April; China may see V-shape rebound | Weekly Review
02/27/2021|11:16:04 PM|
WeChat tourist attraction scam is back in business; China cleared all COVID-19 high-risk areas.
Booking Holdings revenue halved in 2020, predicting Apple’s entry into online travel reservations marketplace
02/25/2021|8:11:11 AM|
Net income for the full-year 2020 was USD 59 million, a 99% decrease versus the prior year.
OTA giant rolls out "Executive Rotation"; China to see herd immunity in 2022 | Daily Brief
02/22/2021|6:14:51 PM|
Beijing starts vaccinating general public; Hong Kong, Singapore in talks again over postponed travel bubble.
Trip.com Group rolls out management restructuring, sets up "Executive Rotation"
02/22/2021|5:23:46 PM|
The rotation program will last 1-2 years for each term and senior executive Mr. Xing Xiong is appointed as the first acting COO.
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