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Meituan taking on rival in hotel bookings; Juneyao links up with Trip.com eyeing HNA assets | Daily Brief
06/11/2021|12:48:47 AM|
Family camping trips offer more choice, value and memories; Cathay Pacific ties in vaccination push with private party marketing.
Hilton reports 54.5% revenue decrease in Q1, sees occupancy rise only in Asia
05/05/2021|11:07:21 PM|
The RevPAR in Asia was USD 42.7, down by 6.6% year-on-year.
Hospitality customer experience firm Vocust raises nearly RMB 100 million in A round
06/09/2021|9:59:50 AM|
The company was founded by Trip.com’s former COO and backed by top investors like Tencent and Sequoia Capital .
Decoding travel demand in China’s 1.4 billion population: more seniors travel than families
05/21/2021|11:18:48 AM|
The middle-aged and senior population comprises more than one-third of the country’s total population.
China trends fuel Marriott's recovery confidence; Viacom to build resort in Hainan | Daily Brief
05/11/2021|2:19:21 AM|
Trip.com Group's Star Hub channel launches with over 100 leading travel partners on board; Pilot travel bubble across Taiwan Straits postponed.
Cross-border travel drop offsets OTA's recovery; Meituan invests in AI robotics startup | Daily Brief
05/20/2021|12:12:46 AM|
Hotels account for 62% of China’s lodging industry, most in economy segment; Hong Kong’s battered tourism sector urge people to get vaccinated.
Expedia posts a net loss of $581 million in Q1, with leisure travel leading the recovery
05/07/2021|8:49:11 AM|
For the first quarter of 2021, total gross bookings decreased 14%, with lodging bookings experiencing year-over-year growth in the first quarter.
Room night bookings deliver sizable operating profit for Meituan
06/02/2021|1:42:04 PM|
A sign of progress was Meituan’s decision to expand its hotel supply in the high-end segment and the number of bookings garnered from this category continued to rise.
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