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Understanding how Meituan staged recovery of room bookings

Understanding how Meituan staged recovery of room bookings

The company’s cohesive effort, where safety and consumption were interwoven via health-related campaigns, and buying was fueled via attractive coupons or vouchers, delivered positive results.

03/30/2021|10:30:48 AM|Ritesh Gupta, ChinaTravelNews
Tongcheng-Elong continues to garner users from non-1st-tier cities

Tongcheng-Elong continues to garner users from non-1st-tier cities

Highlights of Q4 2020 for the online travel company included its continued expansion of registered users from non-1st tier cities in China, user acquisition and an acquisition in the corporate travel sector.

03/29/2021|12:09:41 PM|Ritesh Gupta, ChinaTravelNews
HNA seeks long-term investment in step toward bankruptcy restructuring

HNA seeks long-term investment in step toward bankruptcy restructuring

The decision offers a glimpse at which parts of the conglomerate’s sprawling business empire might survive restructuring.

03/26/2021|6:01:15 PM|Caixin
Club Med parent plans multi-brand offline expansion post-pandemic

Club Med parent plans multi-brand offline expansion post-pandemic

By 2023, Fosun Tourism plans to open 16 new Club Med resorts, half of which will be located in China.

03/24/2021|8:42:27 PM|ChinaTravelNews
Hotel direct sales service provider Honey Guide secures tens of millions of yuan

Hotel direct sales service provider Honey Guide secures tens of millions of yuan

The company’s digital solutions helped some merchants triple or quadruple their transaction values in WeChat.

03/24/2021|10:55:51 AM|ChinaTravelNews
Major Chinese OTA Tongcheng-Elong sees "continuing robust recovery trend" in Q4

Major Chinese OTA Tongcheng-Elong sees "continuing robust recovery trend" in Q4

The company's average monthly paying users increased by 5.9% year-to-year to 28.7 million in Q4 2020, but average monthly active users decreased by 4.8% to 196.0 million.

03/23/2021|5:55:54 PM|ChinaTravelNews
Air China to buy 18 Airbus planes for $2.2 billion

Air China to buy 18 Airbus planes for $2.2 billion

The deal will improve the company’s transport capacity by 2.12 percent.

03/19/2021|10:18:50 PM|GlobalTimes
Leisure-focused OTA Tuniu expects to narrow revenue drop next quarter

Leisure-focused OTA Tuniu expects to narrow revenue drop next quarter

The company further strengthened cost-control measures and continued to optimize internal management system.

03/16/2021|6:40:44 PM|ChinaTravelNews
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