Whatever happens in travel money, 2021 will herald a year of change; probably a highly competitive one.
Lumous has established partnerships with 70% of China’s top ten hotel brands including Jinjiang Hotels and BTG Homeinns.
Club Med of Fosun Tourism speeds up recovery in Asia Pacific; ForwardKeys predicts China outbound travel to rise over 80% in 2022.
Other than the capital investment, the two companies vowed to strengthen their cooperation in product, technology, membership, central reservation and platform construction.
The private accommodation segment will continue to thrive, with more funding likely to be ploughed into startups in the space.
Such acts have severely intervened in China's internal affairs and harmed China-U.S. relations, the spokesperson added. China firmly opposes these acts.
Every month around 1.2 billion active users connect to WeChat for different kinds of services, it's the place to be for promoting a tourist destination.
As of the end of 2020, the capacity of Club Med in Asia Pacific is expected to return to nearly 70% of the same period in the last year.
