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OTA joins group to launch an airline; Chinese flight suspended over infection | Daily Brief
06/16/2020|12:18:09 AM|
Fosun-invested customized travel agency has gone bust; Indonesia plans travel bubble with China, Japan, and Australia.
OTA releases holiday big data report; Korea-China air routes double | Daily Brief
07/13/2020|11:40:53 PM|
Chinese regulator suspended an Air China route between Moscow and Beijing for one week due to passenger infection; Unlimited flight passes account for just a small fraction of airline's income.
Hotelbeds signs ancillary distribution agreement with Trip.com Group
06/04/2020|11:50:27 AM|
The partnership will provide Trip.com Group with access to Hotelbeds’ Beyond The Bed portfolio of more than 18,000 activities in 690 destinations.
Accor works on a domestic travel recovery promotion in China
06/23/2020|5:01:50 PM|
Accor worked with travel and social media platforms including Ctrip, Fliggy, Meituan Dianping and WeChat, capturing the pent up domestic demand for travel and even impulse consumption by rewarding loyalists.
Shanghai Disney testing parade for reopening; Klook furloughs hundreds | Weekly Review
04/25/2020|6:12:10 PM|
Parent of Chinese OTA Tongcheng-Elong denied speculation about mass layoffs; A study finds COVID-19 will dent China's total tourism income by a third this year.
Travel companies turn to live streaming and advance purchase for recovery
04/13/2020|2:43:20 PM|
Advance purchases may not be just a provisional measure during epidemic but a regular project that will stay.
Trip.com Group net revenue drops 42% in Q1, accommodation down by 62%
05/29/2020|6:49:31 AM|
The company expects net revenue to decrease by 67% to 77% year-over-year for the second quarter.
Didi starts international travel agency; Trip.com faces more challenges | Weekly Review
06/01/2020|10:59:28 AM|
The worse is yet to come as Trip.com Group projected net revenue to drop by 67%-77% in Q2; TravelSky sells a stake in its consumer-facing app to China Southern Airlines.
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