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OTA titan buys into more startups; US-China aviation evolves | Weekly Review

OTA titan buys into more startups; US-China aviation evolves | Weekly Review

E-commerce platform Pinduoduo added flight booking service; Fliggy, Meituan and Trip.com build membership programs for independent hotels.

06/06/2020|10:39:59 PM|ChinaTravelNews
US scraps plans to ban Chinese airlines but limits flights to two a week

US scraps plans to ban Chinese airlines but limits flights to two a week

The new order limits Chinese carriers to two weekly flights to the US — half the number that Chinese officials allow that country’s airlines to fly to the US.

06/06/2020|9:42:53 AM|CNBC
Flights from China to US drop 95%; Singapore has only 18 Chinese visitors in May | Daily Brief

Flights from China to US drop 95%; Singapore has only 18 Chinese visitors in May | Daily Brief

US plans to revise previously-announced ban on Chinese passenger flights; Chengdu airport became the world’s busiest last month.

06/05/2020|11:02:14 PM|ChinaTravelNews
US to revise Chinese flight ban

US to revise Chinese flight ban

The US airlines objected to China’s plan of allowing in only one flight per week.

06/05/2020|6:28:13 PM|Reuters
Chinese hotel group GreenTree sees a 33% drop in Q1 revenue

Chinese hotel group GreenTree sees a 33% drop in Q1 revenue

The company expects its total revenues to decrease by 10%-15% for the full year 2020.

06/05/2020|2:18:13 PM|ChinaTravelNews
China domestic tourism gets fresh impetus

China domestic tourism gets fresh impetus

Hotel bookings have returned to about 50 percent of normal levels, while airlines have generally resumed operations at more than half of their capacity.

06/05/2020|1:46:11 PM|China Daily
U.S. airlines object to China’s once-a-week flight limit

U.S. airlines object to China’s once-a-week flight limit

The move opens up a chance for U.S. airlines to return for the first time in four months.

06/05/2020|1:41:33 PM|Bloomberg
OCT to invest in Phoenix Valley eco-tourism project

OCT to invest in Phoenix Valley eco-tourism project

OCT will invest USD 2.11bn to the whole project.

06/05/2020|1:39:15 PM|InterPark
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