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Trip.com eyes $1 billion second listing; China debuts a new bullet train | Daily Brief
01/12/2021|10:03:05 PM|
Analysts say investment in MGM by a Chinese travel firm could be "tricky"; Chinese travel agencies handle 53% less domestic trips.
Travel agencies in China handle over 26 million domestic trips in Q3, down by 53%
01/12/2021|5:37:16 PM|
About 19.71 million travelers joined organized domestic tours in the third quarter of last year, 60.01% less than the same period in 2019.
Trip.com Group reportedly mulls second listing in Hong Kong to raise at least $1 billion
01/12/2021|3:26:40 PM|
In a response to ChinaTravelNews' inquiry on the matter, a Trip.com Group spokesperson replied: "no comment."
China extends bans on UK flights; Investments in Cambodia raise concerns | Daily Brief
01/11/2021|6:36:10 PM|
Province tightens quarantine, urges people not to travel; Chinese carriers, other foreign airlines take Canadian wage subsidy.
OTAs buy into hoteliers; MGM China advised to partner travel giants | Weekly Review
01/09/2021|9:49:25 PM|
China restricts travel for 11 million people in northern city; Weibo big data report shows family travel and “go west” are trending for hotels.
China is excluded from Philippines' travel ban; Sanya's tourism rebounds rapidly | Daily Brief
01/09/2021|4:25:11 PM|
Railways allow ticket refund as China advises against unnecessary trips; Agoda finds 40% of Chinese travelers look forward to travel with family, friends.
OTA giants invest in hotel groups; Loss of Chinese tourists cost Australia $1.4 billion | Daily Brief
01/07/2021|5:11:34 PM|
Cathay extends ban on flights from UK to Hong Kong; Macau retailers eyeing an influx of mainland tourists to drive revenue.
Online travel giants Meituan, Tongcheng actively invest in hotel groups
01/07/2021|3:58:30 PM|
Chinese OTAs have a long history of buying into their hotel partners.
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