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Huazhu Group net loss narrows for the third quarter of 2021
11/25/2021|2:51:50 PM|
The occupancy rate for all Legacy-Huazhu hotels in operation was 71.9% in the third quarter of 2021, a decrease of 10 percentage points from the same period of 2020.
Cultural travel operator Xband Club secures RMB 200 million in series B funding
02/24/2020|6:35:00 PM|
The company announced business suspension 33 days before the new financing was announced. It has adopted a series of major measures to deal with the coronavirus outbreak.
Meituan underlines potential for sustainable growth in hotel bookings
11/30/2021|2:08:09 PM|
The company stated that it not only continues to leverage its competitive advantage in lower-tier markets, but it is also improving its offering in the high-star hotel category.
Betterwood, New Century to form Delonix Group; Second Omicron case found in Macau | Daily Brief
12/31/2021|11:56:26 PM|
Hong Kong travel easing risk if Omicron in community; China to ensure COVID-19 control amid Spring Festival travel rush.
With no walled gardens, marketers gear up for new era in ad tech in China
12/30/2021|3:19:53 PM|
The Chinese government’s decision to do away with closed ecosystems is a welcome change and marketers expect to reap certain benefits. But it doesn’t mean the impact of WeChat or Fliggy is going to reduce in any manner.
Chinese Embassy demands reasonable flight pricing; Robotics startup secures $15M | Daily Brief
12/03/2021|12:44:50 AM|
China's largest cruise company sets up office in Shanghai; Glamping service provider scoops $1.57 million in an angel round.
Alibaba subsidiary invests in travel information provider Smart Tour Tianfu
12/07/2021|3:59:09 PM|
The government-affiliated venture will promote the development of the cultural and travel industries in Sichuan with technology.
Huazhu’s CEO extends support to franchisees
11/27/2021|11:00:55 AM|
The Chinese hotel company acknowledges that the going hasn’t been easy for its franchisees in certain areas and Huazhu has decided to revitalize the “weakened confidence” via certain financial relief.
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