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Fosun gets 6x return selling ixigo stake; Bali to reopen on Oct 14 | Daily Brief

Fosun gets 6x return selling ixigo stake; Bali to reopen on Oct 14 | Daily Brief

Stuck in China, consumers are spending millions for luxury goods in Hainan; Chinese tourists favor private, short-distance trips.

10/09/2021|11:09:25 PM|ChinaTravelNews
Fosun sells part of its ixigo stake

Fosun sells part of its ixigo stake

The secondary sale values ixigo at $470 million.

10/09/2021|2:20:39 PM|Economic Times
'Compensational travel' stimulates consumption in China

'Compensational travel' stimulates consumption in China

Domestic tourism revenues have reached 389.061 billion yuan ($60.32 billion), which is 59.9 percent of the pre-pandemic level.

10/09/2021|12:09:51 PM|Chinanews
Chinese tour operators are now offering pet-inclusive vacations

Chinese tour operators are now offering pet-inclusive vacations

The rise in pet ownership has also fueled demand for services tailored toward animals.

10/09/2021|12:04:33 PM|Sixth Tone
Stuck in China, consumers are spending millions for luxury goods in Hainan

Stuck in China, consumers are spending millions for luxury goods in Hainan

Sales at nine duty-free shops in the southern island province of Hainan totaled nearly $252.3 million from Oct. 1 to 6.

10/09/2021|11:23:25 AM|CNBC
Red tourism, family outings fuel holiday travel surge

Red tourism, family outings fuel holiday travel surge

Revenue of about RMB 389 billion (USD 60.3 billion) was generated over the holiday, roughly 60% of that in 2019.

10/09/2021|11:15:18 AM|Ecns.cn
China fines Meituan for anti-monopoly; Bain might sell Japanese resort operator | Daily Brief

China fines Meituan for anti-monopoly; Bain might sell Japanese resort operator | Daily Brief

Hong Kong's new rail link to Shenzhen proposed; Trip.com accused of creating monopoly in online bookings.

10/09/2021|12:22:09 AM|ChinaTravelNews
Trip.com accused of creating monopoly in online bookings

Trip.com accused of creating monopoly in online bookings

Zhoumo Jiudian said it holds “large quantities of evidence” to back up its claims.

10/08/2021|12:16:24 PM|KrASIA
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