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Most Chinese prefer domestic travel; Airport volume nosedives 91% | Daily Brief
04/14/2020
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12:35:49 AM
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Korean Air will reopen select Chinese routes in May; China Eastern will sell inflight meals in supermarkets.
Trustdata: Hotel room nights in China grow to 806 million in 2019
04/10/2020
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10:38:40 PM
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Domestic hotel room nights sold through online booking channels increased 26.7% year on year in 2019.
OTA expects up to 75% revenue drop; Authority buys tickets to help airlines | Daily Brief
04/10/2020
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12:27:48 AM
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Hong Kong will buy 500,000 flight tickets from the city’s airlines as part of a stimulus; China's domestic travelers decreased 61.4% during a three-day holiday.
Online leisure travel firm Tuniu posts a 1.8% rise in 2019 net revenues
04/09/2020
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11:11:27 PM
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Tuniu expects its net revenues to decline by 65%-75% for the first quarter this year.
Trip.com to borrow up to $1.5B; Airbnb lowers valuation by 16% | Daily Brief
04/03/2020
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11:02:25 PM
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An investment firm indirectly associated with Trip.com Group wants to privatize online classifieds marketplace 58.com; OYO's CEO will forego his salary for the rest of the year.
Expedia suspends travel listings from mainland China amid coronavirus outbreak
02/20/2020
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9:53:35 PM
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Expedia has informed its suppliers via email that it will suspend the sale of all mainland China-based products, ground transportation and tours.
Chinese hotel CEOs gear up for new normal, expect rebound by mid-Q2
03/28/2020
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9:08:22 PM
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Senior executives from Plateno Group’s Xana Hotelle, 7Days Inn and Vienna Hotel Co. believe that they have weathered the COVID-19 storm with apt financial planning, and by responding with compassion.
ANA partners Skyscanner on direct booking; Travelzoo furloughs global workforce | Daily Brief
03/28/2020
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12:28:17 AM
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Three Chinese airline partners work with KLM to support the Netherlands's virus containment; Hong Kong Disney extends ticket expiry date.
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