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Cathay unveils $5B bailout plan; Asian countries to build more travel bubbles | Weekly Review

Cathay unveils $5B bailout plan; Asian countries to build more travel bubbles | Weekly Review

China's aviation regulator plans to increase international flights as the demand is skyrocketing; Thailand said China, Japan are interested in travel bubbles.

06/14/2020|10:50:01 AM|ChinaTravelNews
TravelSky adds China Eastern as investor of App; Airbnb China sees recovery | Daily Brief

TravelSky adds China Eastern as investor of App; Airbnb China sees recovery | Daily Brief

Chinese air traffic is rebounding with each of the biggest three airlines operating around 1,000 more flights per week by the end of May; Cathay Pacific saw a 99.6% drop in passenger traffic in April.

06/13/2020|11:36:32 AM|ChinaTravelNews
Culture Trip and Lonely Planet unite, give advertisers access to combined audience

Culture Trip and Lonely Planet unite, give advertisers access to combined audience

The two companies are now bidding that their combined audience of more than 100 million, as of the second half of 2019, will be an attractive proposition for advertisers.

06/12/2020|6:40:14 PM|Phocuswire
Booking.com terminates contracts with tours and attractions operators

Booking.com terminates contracts with tours and attractions operators

Lead-sharing, after the Covid-19 crisis, is possibly a new strategy.

06/12/2020|4:33:21 PM|Skift
The Hotels Network raises €10M to boost direct booking for properties

The Hotels Network raises €10M to boost direct booking for properties

More than 5,000 hotels in 96 countries use THN’s technology to boost direct bookings.

06/11/2020|7:46:08 PM|Phocuswire
Journera nabs $11.6 million to move its tech platform into growth stage

Journera nabs $11.6 million to move its tech platform into growth stage

The commitment from investors shows they continue to recognize the value in combining data from the entire travel journey to improve the customer experience.

06/11/2020|4:42:21 PM|Phocuswire
TravelFlan buys an international travel agency, raising $12 million in new round

TravelFlan buys an international travel agency, raising $12 million in new round

The company is in talks to buy an OTA in South Korea.

06/11/2020|12:10:07 PM|WiT
China's air traffic decline slows down; Global aviation losses to top $84 billion | Daily Brief

China's air traffic decline slows down; Global aviation losses to top $84 billion | Daily Brief

The Chinese air passengers were down by 52.6% year-on-year in May, compared with a 68.5% year-on-year decline in April; Skyscanner finds post-COVID travel anxiety is easing.

06/11/2020|7:18:45 AM|ChinaTravelNews
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