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Home-sharing in China suffers 72.1% drop; Hotel giant changes directors | Daily Brief
07/24/2020|9:50:03 AM|
China's home rental market saw a 72.1% decline in transaction volume in January-May; 45% of the APAC respondents expect to travel within the next 6 months.
China air passenger volume down 56.54% in January-May to 117 million
06/30/2020|10:24:53 AM|
The number of passengers in May increased by 54.54% month-on-month.
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.
Huazhu's net revenue rises 8.5%, same-hotel RevPAR down by 5.4%
03/27/2020|8:19:48 AM|
Huazhu is expected to close 350-450 hotels, including planned closure of 300-350 hotels and special closure of 50-100 hotels impacted by COVID-19.
Beijing warns against US travel; France sees 30%-40% less visitors | Daily Brief
02/24/2020|8:56:36 PM|
Juneyao Airlines will be indefinitely postponing the launch of new European routes; AI tech firm raised $42 million in funding.
JejuAir buys into Eaststar, Yanolja acquires DailyHotel - pivotal moments as WiT Seoul returns
01/20/2020|12:03:39 PM|
South Korea’s travel market enters 2020 with a sense of anticipation as well as trepidation as to what the first year of the new decade will bring the industry.
Travelport: Chinese travelers lead global digital proficiency across all age groups
11/20/2019|11:49:39 AM|
84.2% of Chinese survey respondents tend to use their mobile devices when searching for travel information, higher than the global average of 22.6%.
Booking.com chairwoman on China market, brand synergy and new growth engines
12/09/2019|8:10:43 AM|
Early entry was but the first step of Booking.com’s game plan on building its presence in China, and partnering with major local players is deemed essential.
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