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China eases restrictions on foreign agencies; Air-rail service takes off | Weekly Review
08/29/2020|8:37:48 PM|
Pinduoduo ventures into hotel business, taking on Trip.com and Meituan; Airbnb adds 100,000+ new guests in China.
Accor-IHG merger needs Jin Jiang consent; Travel agencies gross $100 billion | Daily Brief
08/25/2020|11:30:41 PM|
Pinduoduo ventured into hotel business, taking on Trip.com and Meituan; Beijing tightened regulations on urban home-sharing business.
Beijing tightens regulations on urban home-sharing business
08/25/2020|11:29:45 AM|
The move is intended to promote sustainable development in the long run, though homestay players will be hit in the short term.
Focus on local travel products surges in China
08/15/2020|8:12:06 PM|
Understanding the difference in perspective for locals, as for how they consider their native place and related experiences and activities, is critical.
Discount pricing + digital tools drive domestic travel transactions in China
07/23/2020|6:04:56 PM|
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.
Daily flights in China rebound to 80%; Beijing airport to lose $100M in half year | Daily Brief
07/27/2020|10:36:51 PM|
Fosun warns investors of 76% slide in earnings as coronavirus ravages tourism business; Alibaba's credit scoring unit Zhima Credit launched a credit-based accommodation booking service.
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.
Beijing eases restrictions; Seychelles featured on Mafengwo | Daily Brief
07/04/2020|2:51:40 PM|
First airlines go live with Skyscanner’s new options and ancillaries direct booking; Hainan cuts jet fuel prices for Chinese and foreign airlines.
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