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Trip.com Group forms joint venture with JTB; Japan bets on WeChat to hook Chinese tourists | Daily Brief
08/25/2023|7:28:35 PM|
Russia and China discuss expanding flight routes; China’s tourism grows faster than GDP.
Meituan revenue rises 33% in Q2, netting a $644 million profit
08/25/2023|2:18:45 PM|
In-store, hotel & travel business grew with transaction volume up by over 120%.
Hotel giant H World posts 63.5% increase in Q2 revenue; Group tours return to Japan but ‘explosive spending’ unlikely | Daily Brief
08/24/2023|7:02:32 PM|
Hotel chain Zhiding Yuemei files for U.S. IPO; China’s civil aviation passenger transport scale reaches new heights.
Chinese hotel giant H World posts 63.5% increase in Q2 revenue and raises expectation for the full year
08/24/2023|6:54:29 PM|
For Legacy-Huazhu business, RevPAR in Q2 2023 recovered to 121% of the Q2 2019 level.
China’s hotel chain and SaaS provider Zhiding Yuemei files for U.S. IPO
08/24/2023|10:18:47 AM|
Zhiding Yuemei plans to raise an additional capital of USD 50,000,000 in Pre-IPO.
Shanghai mayor meets Marriott CEO; Booking.com finds APAC travelers optimistic | Daily Brief
08/23/2023|7:39:18 PM|
China promotes high-quality development of shipbuilding industry; Chinese group tourists to visit Busan via cruise.
North Korea resumes flights to China; Alipay launches tourist-centric app | Daily Brief
08/22/2023|6:20:37 PM|
Cebu City tourism seeks more offices in China; Tour agencies in Singapore struggle with lack of manpower, vehicles.
Tencent-backed Tongcheng Travel doubles its revenue in Q2
08/22/2023|5:25:12 PM|
Total GMV increased by 145.7% year-to-year to RMB59.7 billion.
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