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Huazhu Group targets lifestyle market opportunities

The Chinese hotel company believes its expansion in the lifestyle segment, both via organic and inorganic routes, plus excellent RevPAR growth in lower-tier cities is a positive sign for the group.

05/27/2021|11:12:05 AM|Ritesh Gupta, ChinaTravelNews

DidaTravel looks beyond Asia, eyes UAE and UK

The Shenzhen, China-based company is strengthening its sourcing teams in various markets at this stage to add both independent and chain hotel companies in its portfolio.

05/26/2021|4:31:33 PM|Ritesh Gupta, ChinaTravelNews

Hotel giant projects 87% rise in revenue; Tencent powers airlines' digital cabin | Daily Brief

Australia loses title as ‘most coveted’ destination for Chinese students; Klook gets requests to cancel or postpone staycation, cruise bookings after Covid-19 rules change.

05/26/2021|12:09:18 AM|ChinaTravelNews

Hotel group Huazhu pares loss and expects revenues to rise 87%-89% in Q2

Net revenues increased 15.6% year-over-year to USD 355 million for the first quarter.

05/25/2021|11:34:28 PM|ChinaTravelNews

Accelerating digital transformation post-pandemic

Amid all uncertainties, digital will remain a core competency.

05/24/2021|8:48:33 PM|Joseph Wang, ChinaTravelNews

Meituan-backed delivery robot provider Pudu Robotics secures $78 million

The funds will be used for robotics technology R&D, product expansion, business development and marketing.

05/21/2021|11:31:00 AM|ChinaTravelNews

Cross-border travel drop offsets OTA's recovery; Meituan invests in AI robotics startup | Daily Brief

Hotels account for 62% of China’s lodging industry, most in economy segment; Hong Kong’s battered tourism sector urge people to get vaccinated.

05/20/2021|12:12:46 AM|ChinaTravelNews

Hotels account for 62% of China’s lodging industry, most in economy segment

Only 18% or 50,000 hotel properties were in the midscale, upscale and luxury categories.

05/19/2021|8:31:21 AM|ChinaTravelNews
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