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Chinese hotel giant H World posts 63.5% increase in Q2 revenue and raises expectation for the full year
08/24/2023|6:54:29 PM|
For Legacy-Huazhu business, RevPAR in Q2 2023 recovered to 121% of the Q2 2019 level.
Baidu founder exits Trip.com board; Digital yuan introduced to business air travel | Daily Brief
07/21/2023|5:29:03 PM|
iQIYI launches first parent-child theme park; Meituan acquires 10% stake in Zhipu AI.
Hotel giant H World posts 63.5% increase in Q2 revenue; Group tours return to Japan but ‘explosive spending’ unlikely | Daily Brief
08/24/2023|7:02:32 PM|
Hotel chain Zhiding Yuemei files for U.S. IPO; China’s civil aviation passenger transport scale reaches new heights.
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.
Lifestyle hotel group Atour doubles its revenue in Q2; Alvin Liu named China President at Boeing | Daily Brief
08/17/2023|8:26:44 PM|
China market contributed only 7% of revenue to IHG in Q2; American and Delta add China flights as restrictions ease.
China to return as No. 1 business travel market; Cultural tours light up nightlife | Daily Brief
08/16/2023|7:14:48 PM|
First international cruise sets sail after group travel relaxation; South Korea scrambles to lure Chinese group tourists.
Oman pins hope on Chinese tourists; Tencent boosts digital payments for overseas users in China | Daily Brief
07/20/2023|7:49:12 PM|
Shanghai, Fujian launch tourist train travel plan; China’s largest budget carrier provokes controversy after its stewardess insult passengers.
Mandarin Oriental plans global expansion; mainland tourists to return to Taiwan’s outer islands in June | Daily Brief
05/25/2023|6:43:24 PM|
Sands China awaits government approval over new MICE hotel; Hong Kong and Guangdong will deepen cooperation.
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