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OTA hotel chain makes investment; Homestay giant's spinoff firm secures funding | Daily Brief
12/05/2020|1:39:24 PM|
China's hotel titans put Marriott and Hilton to shame; Huazhu posts better-than-expected revenue growth in Q3.
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”.
Trip.com eyes $1 billion second listing; China debuts a new bullet train | Daily Brief
01/12/2021|10:03:05 PM|
Analysts say investment in MGM by a Chinese travel firm could be "tricky"; Chinese travel agencies handle 53% less domestic trips.
Domestic and international trips in China expected to rebound in second half
03/02/2021|6:25:44 PM|
Outbound travel is expected to increase by 70% compared to 2020.
Chinese New Year travel was 69.3% down
03/01/2021|9:03:37 PM|
Decline was arrested by last-minute flight bookings and outlook is encouraging.
China hotel trends report: Hoteliers express stronger confidence for Q1
02/03/2021|2:42:45 PM|
12% of respondents expected hotel average occupancy rate to surpass 2019 level.
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.
Gearing up for hotel distribution in China as signs of recovery emerge
11/27/2020|6:52:35 PM|
Who is going to garner or facilitate a bigger slice of travel bookings – travel specialists like Ctrip and Toncheng-eLong or e-commerce platforms/ecosystems?
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