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Marriott eyes doubling China presence in 5 years, says Yibing Mao

10/30/2024|5:17:19 PM|

With over 570 hotels spanning 24 brands in nearly 140 destinations across Greater China, Marriott sees tremendous potential in the market.

Tencent-invested travel company reports 18.8% drop in Q4 revenue; visa applications by Chinese group tourists surge | Daily Brief

03/21/2023|6:56:11 PM|

Hong Kong’s MTR Corporation adds 5 new mainland destinations; probe into China Eastern Airlines flight crash continuing.

Tencent-invested travel company reports 18.8% drop in Q4 revenue

03/21/2023|5:38:00 PM|

GMV decreased by 20.4% year-to-year.

Leisure travel firm Tuniu reports 62.8% decline in Q4 revenue

03/17/2023|7:39:13 PM|

The company expects net revenues to increase by 45%-55% in Q1 2023.

Chow Tai Fook invests in H World-affiliated firm to expand accommodation business

10/17/2024|6:25:31 PM|

The investment marks Chow Tai Fook’s strategic move to further tap into customer segmentation in niche markets.

Chinese airlines cut European flights

10/15/2024|8:37:54 PM|

Limited subsidies and weak demand drive the cancellations.

More wealthy Chinese travel abroad, redirecting domestic tourism spending

10/14/2024|7:11:14 PM|

The outflow of spending power has directly impacted Hainan’s offshore duty-free market.

Trip.com Group claims $4.3 billion annual value from membership program

10/11/2024|10:11:38 PM|

User spending rose 10% annually before the pandemic.

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