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Search results for “transaction volume”
Fosun Tourism posts 50% drop in half-year revenue
08/26/2020
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5:17:05 PM
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The company launched the “Thomas Cook Lifestyle Platform” and recorded over 104,000 registered users and transaction volume of around USD 4.8 million in less than a month.
Home-sharing in China suffers 72.1% drop; Hotel giant changes directors | Daily Brief
07/24/2020
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9:50:03 AM
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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.
China eases restrictions on foreign agencies; Air-rail service takes off | Weekly Review
08/29/2020
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8:37:48 PM
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Pinduoduo ventures into hotel business, taking on Trip.com and Meituan; Airbnb adds 100,000+ new guests in China.
Rural homestays rule the roost amid COVID recovery
08/28/2020
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11:43:55 AM
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Orders from Xiaozhu's official online store in Fliggy, Alibaba's travel service platform, surged by 600% in the second quarter compared with the first quarter.
Airline, railway launch combined service; Shanghai airports to get 5G coverage | Daily Brief
08/26/2020
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10:25:49 PM
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Shanghai hotel occupancy hit post-COVID high; Fosun Tourism posted 50% drop in half-year revenue.
OTA expects domestic full recovery; Marriott sees occupancy returning | Weekly Review
07/26/2020
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11:42:47 AM
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China's home-sharing market recorded a 72.1% drop in January-May; More foreign carriers resume flight service to Shanghai.
Discount pricing + digital tools drive domestic travel transactions in China
07/23/2020
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6:04:56 PM
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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.
Accor works on a domestic travel recovery promotion in China
06/23/2020
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5:01:50 PM
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Accor worked with travel and social media platforms including Ctrip, Fliggy, Meituan Dianping and WeChat, capturing the pent up domestic demand for travel and even impulse consumption by rewarding loyalists.
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