European winter destinations look to Chinese outbound tourists post-pandemic; Hong Kong businessman backs AirAsia with HK$400 million investment.
Perceived personal safety on a trip weighs more than travel choices being restricted.
With the progress of testing and vaccination, the easing of restrictions can be expected in the coming months.
China is among the top 10 source countries of tourists to South Africa.
The light at the end of the COVID-19 tunnel is a Chinese lantern.
Stanley Choi is now the third largest shareholder in the firm behind Southeast Asia’s largest budget carrier.
Tourism-related services credits dropped by around 10% to AUD 2.25 billion.
Marriott plans to open 60 or more hotels in China this year.
China, the world second largest economy, is forecast to reach an estimated market size of USD 220 Billion in the year 2027 trailing a CAGR of 10.5% through 2027.
Over the next 5 years the adoption of cloud PMS solutions will explode and this will be the highest growth component of the hotel tech stack.
Equally immune are China Southern (+30%) and China Eastern (+19%) who this week both report capacity increases week and week.
Classic will operate as a standalone company, with president David Hu and his leadership team remaining in place; and its headquarters will stay in San Jose, Calif.
Hotelbeds accounted for about 13% of the pre-pandemic worldwide hotel wholesale market.
China Southern added back nearly 800,000 seats compared to the previous week.
Travel agency air bookings fell by 81.5%.
TUI Musement made USD 67.3 million in earnings before interest and taxes in 2019, a 21.7% jump over the previous year.
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