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Hotel giant responds to short seller report; Hong Kong Disney to reopen | Daily Brief
09/23/2020|9:49:24 AM|
Hong Kong bans Cathay Dragon flights from Kuala Lumpur; Japan Airlines increases flights to Dalian.
Hotel group merges China brands; Klook looks to local demand | Daily Brief
05/27/2020|7:29:17 AM|
Jin Jiang International has completed a major restructuring to consolidate its limited-service hotel businesses; Air China is planning to operate 24 international routes between June 1 and July 1.
Chinese OTA Tuniu reports 97% drop in packaged-tour revenue
08/28/2020|7:01:56 PM|
The company expects net revenues to decline 80%-90% year-over-year in Q3.
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.
Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
05/21/2020|5:16:44 PM|
Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
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.
Chinese OTA mulls delisting from US; TravelSky projects half-year loss | Daily Brief
07/29/2020|12:16:25 AM|
Seven Chinese hotel groups made it to the global top 20 hotel groups by room number; Alibaba's online travel unit Fliggy has broadcast live streams from Serbia, Finland, Germany, and the U.K.
Video sharing app TikTok challenges Ctrip and Meituan in their stronghold
07/30/2020|12:24:25 AM|
Video sharing platforms TikTok or Kwai are more interested in carving out their own niche in the local lifestyle services segment rather than being merely a traffic portal for Ctrip and Meituan.
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