Unlike studio-themed parks in America and Europe which tend to look towards the past, the relative youth of China’s homegrown IP-based LBE industry is all about looking forward.
Revival of the idea could boost the economy and slash journey time to the island to 10 minutes by high-speed rail.
State planning agency expects travel during next month’s Lunar New Year period to be markedly lower than normal, with a bigger share of people taking cars instead of other forms of transportation.
Analysts say investment in MGM by a Chinese travel firm could be "tricky"; Chinese travel agencies handle 53% less domestic trips.
Some 849 companies related to RV rental were established in China in the second quarter of 2020, up by 36% year-on-year.
The Beijing-Shanghai high-speed rail handled 215 million passengers last year, accounting for 6% of the country’s total.
Trip.com Group’s live-stream marathon generates USD 56 million in GMV; Alibaba-backed Hellobike aims to take on Didi Chuxing in ride-hailing.
SilverRail will continue to supply Expedia Group’s business travel unit Egencia with rail options globally.
