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Ambition, competition drive international theme park operators to accelerate expansion in China
03/14/2021|6:46:15 PM|
Merlin Entertainments planned to build 20 more Legoland parks over the next few years, at least five of them will be in China.
Corporate expense management platform Fenbeitong secures $92.5 million from Tencent, Hillhouse
03/19/2021|1:46:34 PM|
The company’ revenue grew 300% annually over 2018-2020.
Booking Holdings revenue halved in 2020, predicting Apple’s entry into online travel reservations marketplace
02/25/2021|8:11:11 AM|
Net income for the full-year 2020 was USD 59 million, a 99% decrease versus the prior year.
OTA's international revenue drops; Hotel membership startup secures new funding | Daily Brief
03/16/2021|10:58:14 PM|
China asks visa applicants to get inoculated with Chinese-made vaccines; Leisure-focused OTA Tuniu expects to narrow revenue drop next quarter.
TravelSky net profit plunges 85% in 2020, failing to meet expectation
04/02/2021|3:50:08 PM|
Aviation information technology service revenue represented 45.5% of the Group’s total revenue in Year 2020, as compared to 55.6% for Year 2019.
State-owned travel conglomerate CTII posts 56% drop in revenue
03/31/2021|5:28:35 PM|
The company will continue to focus on building a “first-class tourist destination investment and operation service provider”.
Chinese consumers are now more open to travel, but outbound caution stays
03/31/2021|2:51:31 PM|
Asia remains the first-choice global region for outbound travel, followed by Europe, with North America in third place – despite the region’s poor image for safety.
Smart hotel solution provider Xiezhu receives USD 45.6 million in Series B financing
03/31/2021|12:17:21 PM|
The proceeds will be used for product R&D, market expansion and customer service.
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