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Hotel linen IoT platform raises nearly $4 million to promote full-process digital management
11/18/2020|11:30:55 AM|
Tuxiaoer will use the proceeds to comprehensively expand its linen IoT lines.
Counting on novel fintech offerings for travel–related buys
11/11/2020|8:04:51 AM|
The potential of fintech apps and the possibility of how payment and other finance-related activities can pave way for a travel-related buy are being evaluated in China.
Universal Beijing debuts on Ctrip; Vaccine hope brings tailwind to airlines | Daily Brief
11/17/2020|7:36:15 AM|
Air China aims to further boost domestic travel; Shanghai to add over 12,000 hotel rooms.
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.
Meituan bounces back in Q3, witnesses peak daily GTV across main businesses
12/03/2020|7:24:08 PM|
Medicines, flowers, late-night snacks… Meituan chose to look at existing resources for going deeper into consumers’ lives. The company's hotel bookings shot up in Q3 as demand for hotels “entirely shifted inward domestically”.
Hong Kong Disney park closes again; OTA revenues down by 85% | Daily Brief
12/02/2020|12:02:56 PM|
Asia Pacific hotel performance improves slightly in Q3; COTRI projects 100 million international trips by China in 2021.
Asia hotels continue recovery; Nations allow Chinese visitors | Weekly Review
11/02/2020|9:48:43 AM|
Trip.com Group’s live-stream marathon generates USD 56 million in GMV; Frequent, more extravagant vacations lead travel trends in China.
China is going to be a locomotive for the travel train: Booking Holdings CEO
11/26/2020|11:56:37 AM|
Known for his balanced perspective, Booking Holdings’ CEO Glenn Fogel believes that one shouldn’t expect immediate rebound despite emerging developments around vaccines.
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