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Alibaba Fliggy works with Amadeus; OYO China CEO to lead international units | Daily Brief
02/01/2021|10:55:37 PM|
China suspends most foreign nationals traveling from Canada; Chinese airlines among alleged victims of $10 billion embezzlement.
MakeMyTrip posts a 61.3% drop in revenue but is on track of recovery
01/28/2021|11:42:37 PM|
Gross bookings improved to $598.8 million in 3Q21 versus $213.0 million in 2Q21, reflecting an increase of 181.5% QoQ.
OTAs buy into hoteliers; MGM China advised to partner travel giants | Weekly Review
01/09/2021|9:49:25 PM|
China restricts travel for 11 million people in northern city; Weibo big data report shows family travel and “go west” are trending for hotels.
WeChat marketing firm raises $50M; Singapore searches on Trip.com surge | Daily Brief
11/04/2020|11:58:49 PM|
China is exempt from Hong Kong’s new quarantine; Beijing-Shanghai high-speed rail to implement floating fares.
Travel experience booking platform Klook raises $200 million in Series E round
01/26/2021|9:39:19 AM|
Ethan Lin, co-founder and CEO of Klook, said there is “no significant fluctuation in valuation”.
Expanding out of China – how payment localization can drive adoption and conversion
10/08/2019|10:04:40 AM|
Multi Currency Pricing combined with APMs from the customer’s country will reduce costs and even create a revenue stream.
Smart hotel solution provider RestHour secures tens of millions of yuan
12/27/2020|9:38:31 PM|
RestHour primarily serves hotels and home-share providers in top-tier cities that have to deal with a huge visitor flow.
Marriott refines development strategy in China, focusing on “brand+destination”
03/05/2021|11:32:50 AM|
Marriott plans to open 60 or more hotels in China this year.
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