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Search results for “second-tier cities”
Generation Z consumers present new growth engine for travel brands
08/02/2020
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6:36:32 PM
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Some 10% of them make travel reservations on e-commerce platform Taobao, video-sharing app TikTok and lifestyle sharing platform Xiaohongshu.
Japan to ease travel curbs for China; Canada updates Hong Kong advisory | Daily Brief
07/02/2020
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6:45:06 AM
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Around 90% of staff at Cathay Pacific agreed to take unpaid leave in a second round of cost-saving measures; Chinese hotel chain Huazhu recorded a 15.7% drop in Q1 net revenue.
Internet travel company Mounsey receives $7 million
06/17/2020
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9:57:52 AM
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Mounsey boasts 2,500 branded outlets in China and aims at exceeding 10,000 outlets in three years.
OTA buys a stake in airport app; E-commerce site adds flight booking service | Daily Brief
06/02/2020
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11:30:38 PM
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EU chamber urged China to cut subsidies to inefficient airlines; Marriott hotels' occupancy rate in China rose to 40%.
E-commerce giant buys into tour operator; TUI China kicks off holidays | Weekly Review
05/03/2020
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12:22:17 PM
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TUI China focuses on short-haul outdoor trips; Around 74.29% of the Chinese hotels and inns have ceased operation during COVID-19.
Major OTA reports 43.6% drop in revenue; China buys into Norwegian Air | Daily Brief
05/21/2020
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5:16:44 PM
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Travel distribution firm DerbySoft is building new connections with Airbnb and HotelTonight; Marriott expects East Asia to lead the recovery with millennial customers.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020
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9:35:51 PM
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Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
Travel companies turn to live streaming and advance purchase for recovery
04/13/2020
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2:43:20 PM
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Advance purchases may not be just a provisional measure during epidemic but a regular project that will stay.
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