The deal comes after Singapore launched an SGD 45 million marketing campaign in July to encourage local holidays amid a plunge in foreign visitor arrivals due to COVID-19 travel restrictions.
Tencent-invested OTA Tongcheng-Elong partners with LINE unit; High-end car-hailing startup secures $14.6 million in Pre-A round back by eHi Car Services.
China begins $4.9 billion expansion project at a Silk Road airport; Accor announces its first flagship Fairmont Resort in Greater China.
HotelRunner’s digital marketing efforts to acquire a hotel user on a freemium model is as low as USD 3.
Scheduled on Sep 22-23, the two-forum sessions will bring together an expert lineup of more than 30 speakers from the tourism industry, including Airbnb, TripAdvisor, Lufthansa and Marriott.
Booking Holdings still expects to reduce Booking.com’s global workforce by up to approximately 25%, including those employees impacted by the Approved Plan.
The world's top 10 airline stocks are all Chinese except IndiGo; Absent Chinese tourists impact western luxury.
According to Bain & Company, Chinese consumers made 27% of their luxury purchases in China in 2018, up from 23% in 2015.
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