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China's travel space to rebound 60%+; Lotte to sell theme park | Weekly Review
12/26/2021|4:06:52 PM|
Universal Parks names new GM for Beijing Resort; Accor CEO exits Huazhu's board of directors.
Hong Kong airport finds suspected Omicron case; Lotte weighs $1.6B sale of theme park | Daily Brief
12/24/2021|10:04:10 PM|
Xi'an cancels all flights, begins third round of mass testing amid pressure from unclear transmission routes; Airbus eyes expanding business in China.
MBK Partners completes acquisition of four theme parks in China
12/24/2021|10:46:53 AM|
HHAn Group will focus on the acquisition, integration, development and management of prime, sustainable assets in China’s cultural and tourism industry.
Unmanned aerial vehicle startup Cross Stars secures $15 million, expanding businesses in cultural tourism attractions
08/20/2021|11:00:20 AM|
Cross Stars has been authorized to conduct drone shows above major landmarks in more than 20 cities and areas in China.
Huazhu’s CEO extends support to franchisees
11/27/2021|11:00:55 AM|
The Chinese hotel company acknowledges that the going hasn’t been easy for its franchisees in certain areas and Huazhu has decided to revitalize the “weakened confidence” via certain financial relief.
Travel brands look at novel ways to connect with Gen Z in China
08/03/2021|9:26:34 AM|
Gen Z is playing a vital role in recovery of the travel sector. Companies must continue to respond to the expectations of this cohort as desired.
Chinese Embassy demands reasonable flight pricing; Robotics startup secures $15M | Daily Brief
12/03/2021|12:44:50 AM|
China's largest cruise company sets up office in Shanghai; Glamping service provider scoops $1.57 million in an angel round.
Rosewood, Trip.com forms joint venture; China rolls out first international rail network | Daily Brief
10/20/2021|11:06:55 PM|
Cathay Pacific passenger traffic decreased in Sep; Canton Fair wraps up, but exporters lament lack of foreign buyers.
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