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Mainland China buoys Lagardère in a tough year for travel retail
02/26/2021
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5:28:29 PM
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The French travel retailer said that all global regions were affected by the coronavirus crisis with the exception of Mainland China which grew 22% on the back of strong domestic traffic.
Ocean Link raises $580m fund; China buoys Lagardère in a tough year | Daily Brief
02/27/2021
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12:13:10 AM
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Epidemic response helps planes get back in skies; Spring Festival holiday tourism income recovers to 58.6% of pre-virus level.
Hong Kong bans flights from UK; China's first Legoland park breaks ground | Daily Brief
12/23/2020
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6:23:53 AM
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China is much closer to recovering hotel ADR than Europe, US; China Eastern works with Juneyao Airlines, China Telecom to offer in-flight Wi-Fi.
OTA giant names new chief; Travel group expands destinations | Weekly Review
12/27/2020
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5:35:14 PM
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CTS Group buys 34% stake in "micro vacation" resort brand for $23 million; Hotel digital solution provider Lumous closes Series B round.
Discount pricing + digital tools drive domestic travel transactions in China
07/23/2020
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6:04:56 PM
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Chinese online platforms are focusing on digital tools, especially live-streaming, to revive spending. The plan is to drive domestic travel sales volume through discounts, a tactic being described as a short-term phenomenon.
Corporate travel giant CWT paid $4.5 million in ransom to cyber hackers
08/03/2020
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6:32:35 PM
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Various hotel groups have suffered data breaches in the past, but historically don’t become aware of the attack until months later.
Arrive Outdoors, the gear rental platform for outdoor adventures, raises $4.75 million
07/27/2020
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10:03:41 AM
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For a weekend, the usual rental period for users, the cost of the equipment is approximately 10 percent of the retail price of the gear.
Leveraging 3rd party flagship stores for building "in China for China" business
07/05/2020
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5:23:21 PM
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Foreign hotel companies are setting up their flagship stores on Ctrip and Fliggy, and looking at them as a way to let locals shop in a way they are accustomed to.
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