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Platforms like Douyin have difficulty challenging OTAs; Saudi Arabia partners with ITB China | Daily Brief
09/06/2023|6:14:17 PM|
Global agents further tapping China's inbound travel; Shanghai Disney previews new Zootopia land.
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.
Disney is unlikely to build a third resort in China; Leisure-focused OTA firm posts 52.3% rise in Q1 revenue | Weekly Review
06/10/2023|10:05:41 AM|
Legend Capital to sell some Atour shares for over $85 million; Goldman Sachs buys Casa Cook and Cook’s Club brands from Fosun.
Meituan partners with Amadeus; China takes measures to boost consumption | Daily Brief
07/31/2023|7:14:53 PM|
Hongkongers eye Japan for ‘revenge travel’; China dragging the chain in Asian travel recovery.
Tourism market fueled by performances; US travel industry can’t make a full recovery without China | Daily Brief
08/08/2023|9:03:06 PM|
Cultural administration trying to tackle ticketing issues; Saudi Arabia taps Chinese tourists for growth amid wanderlust.
Ant Group partners with DFS for luxury travel retail; Trip.com Group and Penang Global Tourism extend partnership | Daily Brief
08/03/2023|6:20:49 PM|
China to better facilitate visas for foreigners with business; MGM China’s net revenue grows over 230% year-on-year to HKD10.6 bln in H1.
Paradise City, Ctrip to jointly launch travel packages; China restarts cruise industry with Shanghai to Japan sailing | Daily Brief
08/14/2023|6:37:29 PM|
Young Chinese flock to music festivals, giving tourism a boost; Taiwan lodging facilities adopt tripla Book to increase direct bookings.
Tongcheng achieves its all-time high for domestic room nights in Q1
05/30/2023|12:15:20 PM|
The online travel company benefited from the healthy recovery in the wake of relaxed Covid-19 travel policies, and this was reflected in its revenue from domestic room nights and air ticketing.
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