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Accor works on travel recovery; China tightens traveler check in Beijing | Daily Brief
06/25/2020|9:33:32 AM|
China remains the single largest country with some 11.9 million scheduled flight seats last week; Accor worked with Ctrip, Fliggy, Meituan and WeChat to capture domestic demand in China.
Travel retail: Break old models to build new ones
03/23/2020|12:10:00 PM|
Reinventing travel retail will bring about new opportunities despite the raging pandemic.
Online giant JD.com backs hotel business with its retailing strength
10/27/2018|5:57:16 PM|
Jingdong Travel will support hotel operators and suppliers with immersive experience, membership benefits, connection platform and all-inclusive marketing services.
Fosun Tourism raises $988M; Forward bookings in China show dramatic rebound | Daily Brief
03/23/2020|11:34:25 PM|
Chinese tourist arrivals to Japan dropped 87.9% in February; Hainan government announced a USD 21.2 million rejuvenation plan for the island’s beleaguered tourism industry with duty free shopping at the heart.
China offers airlines subsidies; Finnair considers layoffs | Daily Brief
03/05/2020|10:15:56 PM|
The head of the US Chamber of Commerce said the government will not need to bail out US airlines; Bookings from China to Canadian province declined 70% between March and October.
Fosun cuts stake in Booking Holdings; OYO sees recovery in China | Daily Brief
03/26/2020|12:49:33 AM|
The online travel company co-invested by Trip.com Group and Tencent reported over 205 million monthly active users; Hong Kong expects to see “zero visitors” for months.
Trip.com-invested hotel brand collapses; Airbnb halts marketing to save $800M | Daily Brief
03/31/2020|11:25:59 PM|
Airbnb will suspend all marketing activities in a move which will save USD 800 million a year; China saw a huge uptick in flight searches.
Corporate travel to take a $560B hit; searches for flights up 138% | Daily Brief
03/02/2020|4:49:38 PM|
China allocated USD 814 million to support project construction in the cultural tourism industry; Singapore Airlines is cutting pay for management staff.
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