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Cathay Pacific carried 10 million passengers in 2023; China eases visa requirements to revive tourism | Daily Brief
09/21/2023|7:16:58 PM|
190 million railway passenger trips expected during National Day holiday; 40% of Japan tourism companies see no China rebound until 2024.
China’s hotel chain Zhiding Yuemei files for U.S. IPO; Meituan posts $644 million net profit in Q2 | Weekly Review
08/26/2023|10:41:49 AM|
Hilton bets on China’s middle class as it eyes about 730 hotels in next 10 years; Trip.com Group forms joint venture with Japan's JTB.
Meituan revenue rises 33% in Q2, netting a $644 million profit
08/25/2023|2:18:45 PM|
In-store, hotel & travel business grew with transaction volume up by over 120%.
China’s hotel chain and SaaS provider Zhiding Yuemei files for U.S. IPO
08/24/2023|10:18:47 AM|
Zhiding Yuemei plans to raise an additional capital of USD 50,000,000 in Pre-IPO.
Marriott RevPAR more than doubles in Greater China; Meituan partners with Amadeus | Weekly Review
08/05/2023|10:47:10 AM|
Ant Group partners with DFS for luxury travel retail; Wyndham Reports Strong H1 2023 RevPAR Growth in Asia Pacific.
H World strengthens its direct bookings pie
06/01/2023|1:46:37 PM|
Direct bookings through H World CRS (central reservation system) increased from 47% to 62% of the 2019 level in Q1 this year.
Tencent-backed Tongcheng Travel doubles its revenue in Q2
08/22/2023|5:25:12 PM|
Total GMV increased by 145.7% year-to-year to RMB59.7 billion.
Hilton bets on China’s middle class; Chinese Valentine’s Day boosts domestic tourism | Daily Brief
08/21/2023|8:43:31 PM|
China summer spending surges with sold-out shows, packed tourist spots; Cathay Pacific on recovery track but Chinese rivals loom.
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