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E-commerce giant sells OTA asset; Accor works on recovery in China | Weekly Review
06/27/2020|2:52:42 PM|
Shiji gained three months to sell its U.S.-based asset StayNTouch; Trip.com Group unveiled a USD 500 million fund for its travel partners.
IHG Greater China CEO: Covid-19 drives more independent hotels to join chains
07/09/2020|10:41:56 AM|
As of March 31, IHG has opened 475 hotels in Greater China, three quarters of which are located in second- or lower-tier cities.
Accor works on a domestic travel recovery promotion in China
06/23/2020|5:01:50 PM|
Accor worked with travel and social media platforms including Ctrip, Fliggy, Meituan Dianping and WeChat, capturing the pent up domestic demand for travel and even impulse consumption by rewarding loyalists.
Home-sharing platform Xiaozhu partners with lifestyle social network Xiaohongshu
07/16/2020|10:19:41 AM|
People relied more on generic content platforms for travel inspiration and decision making than they did on vertical platforms like OTAs, according to a report.
Less Chinese travelers visit Korea; British Museum plays live streaming on Fliggy | Daily Brief
07/03/2020|12:58:51 AM|
Global passenger demand saw a mild uptick driven by China's recovery; China Eastern Airlines stops selling popular “weekend-unlimited” passes.
China Southern raises $1.8 billion; Outbound travel grew 3.3% | Daily Brief
06/22/2020|9:11:57 PM|
US denied a request by Chinese airlines to increase the number of flights; China's 600 km/h maglev vehicle completes trial run.
Japan to reopen business travel; Airbnb resumes battle in China | Daily Brief
07/10/2020|7:16:58 AM|
Japan intends to begin talks on resuming business flights with 10 economies including China; American Airlines and United Airlines have both suspended flights to Hong Kong again.
China Eastern Airlines stops selling highly popular “weekend-unlimited” passes
07/02/2020|12:16:24 PM|
As of June 24, more than 100,000 tickets had been redeemed.
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