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Travel consumer confidence recovering; Duty-free boom fuels stocks surge | Daily Brief
08/12/2020|11:08:47 PM|
IHG's Greater China RevPAR drops 62% in half year; Macau casino stocks soar due to the resumption of mainland tourist visas.
IHG's Greater China RevPAR drops 62% in half year
08/12/2020|5:15:34 PM|
The Greater China area generated USD 18 million in half-year revenue for IHG, and that's only 1.4% of the UK-based hotel chain's global income in the period.
OTA gets green light for US investment; Fliggy offers Fly At Will flight deals | Weekly Review
07/19/2020|12:21:24 PM|
Short-term rental firm Xiaozhu teamed up with lifestyle social network Xiaohongshu; E-commerce giant JD.com invested in the digital unit of Beijing Tourism Group to expand in the travel industry.
US advises increased caution in travel; China adds flights from Japan, Korea | Daily Brief
08/06/2020|10:25:06 PM|
Cathay Pacific extends flexible booking policy until August end; BTG Homeinns to open 100 upscale hotels in five years.
Leveraging 3rd party flagship stores for building "in China for China" business
07/05/2020|5:23:21 PM|
Foreign hotel companies are setting up their flagship stores on Ctrip and Fliggy, and looking at them as a way to let locals shop in a way they are accustomed to.
China’s Top 50 Hospitality Groups Report 2020: Opportunities coexist with crisis
07/24/2020|10:10:16 PM|
Midscale hotels are still growing fast and playing a key role in China’s hotel industry.
Huazhu sees improvement in Q2 operation results
07/16/2020|4:59:41 PM|
Same-hotel RevPAR dropped 40.8% in the second quarter, and 52.8% in the first quarter.
Daily flights in China rebound to 80%; Beijing airport to lose $100M in half year | Daily Brief
07/27/2020|10:36:51 PM|
Fosun warns investors of 76% slide in earnings as coronavirus ravages tourism business; Alibaba's credit scoring unit Zhima Credit launched a credit-based accommodation booking service.
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