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Hotels account for 62% of China’s lodging industry, most in economy segment
05/19/2021|8:31:21 AM|
Only 18% or 50,000 hotel properties were in the midscale, upscale and luxury categories.
Chinese travelers are more optimistic about travel in 2021, Expedia research finds
02/04/2021|5:26:01 PM|
Mask use and enforcement is the leading factor influencing transportation decisions in Japan (51%) and China (42%).
Chinese hotels are introducing role-playing detective games to attract young customers
06/09/2021|12:23:29 PM|
Given the nature of role-playing detective games, they are more suited for social- or resort-type hotels, but not so much for traditional business hotels and those built in iconic scenic spots.
Hotel & lifestyle brand Atour files for $100 million US IPO, with Trip.com holding 14.8% shares
06/09/2021|8:32:46 AM|
In 2020, customers under 30 contributed to 35.0% of its total gross transaction value.
China mulls over differentiated visa policies; Club Med owner plans multi-brand expansion | Weekly Review
03/28/2021|10:43:08 AM|
Meituan reports 354.5 million room nights booked in 2020, down by 9.7%; Hotel direct sales service provider Honey Guide secures tens of millions of yuan.
Chinese hotel giant Huazhu reaps 15% of annual revenue from overseas unit
04/25/2021|5:55:27 PM|
As of last year, Huazhu still held USD 897 million worth of investments in companies including Accor (USD 593 million) and OYO (USD 10 million).
Chinese airlines return to profitability; Radisson Hotel grows in Asia Pacific | Weekly Review
01/17/2021|3:03:40 PM|
WeChat Pay aims to bring Chinese consumers to travel and hospitality; Chinese investment in Cambodia’s "next tourism hotspot" has raised concerns.
Alibaba, Hilton integrate membership; Chinese OTA buys corporate travel firm | Daily Brief
03/29/2021|9:24:46 PM|
Hong Kong to ease social-distancing, push for travel bubbles to speed up mass vaccination; U.S. lawmakers ask Biden to make travel easier from Taiwan.
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