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Chinese OTA Tuniu reports 97% drop in packaged-tour revenue
08/28/2020|7:01:56 PM|
The company expects net revenues to decline 80%-90% year-over-year in Q3.
Tencent-invested travel firm reports 24.6% drop in revenue, sees recovery trend
08/28/2020|6:37:48 PM|
As of June 30, around 85.9% of its registered users resided in non-first-tier Chinese cities.
China relaxes restriction on foreign agencies; Airbnb partners with Xiaomi | Daily Brief
08/27/2020|11:21:33 PM|
Airbnb adds 100,000+ new guests in China; Business travel in China is still slow.
Airbnb adds 100,000+ new guests in China, second only to US
08/27/2020|10:12:20 AM|
Two thirds of the new Airbnb users chose destinations within 480 km from home.
Airline, railway launch combined service; Shanghai airports to get 5G coverage | Daily Brief
08/26/2020|10:25:49 PM|
Shanghai hotel occupancy hit post-COVID high; Fosun Tourism posted 50% drop in half-year revenue.
Fosun Tourism posts 50% drop in half-year revenue
08/26/2020|5:17:05 PM|
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.
Exploring the new technologies and partnerships of super apps
08/26/2020|11:11:49 AM|
At this year's TravelDaily Conference, Meituan will share views on how super apps are re-focusing on data-driven target marketing with enhanced algorithms and models.
Accor-IHG merger needs Jin Jiang consent; Travel agencies gross $100 billion | Daily Brief
08/25/2020|11:30:41 PM|
Pinduoduo ventured into hotel business, taking on Trip.com and Meituan; Beijing tightened regulations on urban home-sharing business.
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