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Corporate expense management platform Fenbeitong secures $92.5 million from Tencent, Hillhouse

The company’ revenue grew 300% annually over 2018-2020.

03/19/2021|1:46:34 PM|ChinaTravelNews

Chinese outbound tourism to recover in 5 years; HNA starts restructuring | Daily Brief

More flights serve Beijing amid easier quarantine; China studying international travel policies for inoculated groups.

03/18/2021|11:15:50 PM|ChinaTravelNews

9 megatrends of Chinese tourism post-pandemic

For companies seeking megatrends of the global travel recovery, the China market may provide some food for thought.

03/18/2021|3:45:06 PM|Joseph Wang, ChinaTravelNews

China to vaccinate 70% of population by 2022; Polar Bear Hotel faces criticism | Daily Brief

US warns it could restrict Cathay Pacific flights; Airlines fuel optimism that USA can replicate China’s rapid domestic recovery.

03/17/2021|11:11:51 PM|ChinaTravelNews

OTA's international revenue drops; Hotel membership startup secures new funding | Daily Brief

China asks visa applicants to get inoculated with Chinese-made vaccines; Leisure-focused OTA Tuniu expects to narrow revenue drop next quarter.

03/16/2021|10:58:14 PM|ChinaTravelNews

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

Hotel membership operator OTM secures RMB 40 million in an angel round

OTM has established cooperation with more than 500 hotels since December 2020.

03/16/2021|5:20:49 PM|ChinaTravelNews

Trip.com filing: Baidu remains its largest shareholder, international revenue drops significantly

Revenue from other regions across the globe decreased from 12.5% in 2019 to 7.1% in 2020.

03/16/2021|5:10:46 PM|ChinaTravelNews
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