Shanghai hotel occupancy hit post-COVID high; Fosun Tourism posted 50% drop in half-year revenue.
The company launched the “Thomas Cook Lifestyle Platform” and recorded over 104,000 registered users and transaction volume of around USD 4.8 million in less than a month.
Over 60 percent of the surveyed travel companies expect business travellers to make personal or family trips to the specific destinations of their business travel next year.
Pinduoduo ventured into hotel business, taking on Trip.com and Meituan; Beijing tightened regulations on urban home-sharing business.
It expects to start charging around HK$100 (USD 13) per person from next month.
China had a total of 38,943 travel agencies registered by the end of 2019, an increase of 8.17 percent year on year.
Singapore relaxed coronavirus travel restrictions for China; Chinese visitors to Thailand dropped from over 10 million to 1.2 million.
Such applicants will need to make reservations for visits over the internet or through other means.
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