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Trip.com Group to float on HK bourse in April; WeChat travel scam is back | Daily Brief
02/23/2021|11:18:29 PM|
Japan raises concerns over China blacklist on overseas casino destinations; SAP Concur appoints general manager for Asia Pacific Japan, Greater China.
Holiday travel outlook gets worse; Singapore sees 88% fewer Chinese visitors | Daily Brief
02/03/2021|11:07:11 PM|
Hong Kong Airlines in danger of getting wings clipped; New York investment firm acquires 6.64% stake in Trip.com Group.
Shareholder urges MGM China to bring in new investor like Meituan, Trip.com or Huazhu
01/07/2021|12:23:53 AM|
MGM Resorts International can be an important partner for the strategic shareholder’s future internationalization efforts, especially in outbound consumer services to the U.S. and Japan.
Alibaba Fliggy adopts Amadeus MetaConnect to provide seamless experience
02/01/2021|11:03:42 AM|
New agreement will help Fliggy better aggregate and normalize travel content from multiple sources and enable it to offer more customized products and services to travelers.
Upscale hotel chain expects profit drop; China's No. 4 airline to draw new investors | Daily Brief
02/03/2021|6:13:14 AM|
Club Med owner Fosun Tourism expects annual loss of up to $410 million; Chinese airlines’ income for the festival travel may rush down 60%-70%.
Trip.com Group’s Q3 accommodation revenue rose by 98% over Q2
12/04/2020|10:52:34 AM|
The domestic hotel market is leading the overall recovery, uplifting the entire travel sector in China. Trip.com Group’s accommodation revenue in Q3 was USD 365 million, a 98% increase from the previous quarter.
Tongcheng-elong’s CEO throws light on effective recovery strategy in Q3
11/28/2020|8:52:19 PM|
The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
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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