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Discount pricing + digital tools drive domestic travel transactions in China
07/23/2020|6:04:56 PM|
Chinese online platforms are focusing on digital tools, especially live-streaming, to revive spending. The plan is to drive domestic travel sales volume through discounts, a tactic being described as a short-term phenomenon.
Japan, Singapore allow travelers from China; Lagardère extends China network | Daily Brief
10/31/2020|9:18:28 AM|
Trip.com Group’s live-stream marathon generates USD 56 million in GMV; Alibaba-backed Hellobike aims to take on Didi Chuxing in ride-hailing.
Home-sharing in China suffers 72.1% drop; Hotel giant changes directors | Daily Brief
07/24/2020|9:50:03 AM|
China's home rental market saw a 72.1% decline in transaction volume in January-May; 45% of the APAC respondents expect to travel within the next 6 months.
BOC Aviation challenges AirAsia X restructuring; Lotte works with Alibaba | Daily Brief
10/29/2020|3:26:31 AM|
Trip.com partners with Bangkok Airways FlyerBonus; Frequent, more extravagant vacations lead travel trends in China.
OTA buys back $10 million shares; Thailand slowly restarts tourism | Daily Brief
09/30/2020|10:52:29 PM|
Embattled Cathay Pacific faces continued cash burn; Chinese airlines may not turn a profit even as domestic travel rebounds.
China Southern shifts Beijing flights to new airport; Meliá to expand in China | Daily Brief
10/26/2020|10:37:45 PM|
Singapore-Hong Kong air travel bubble will be suspended if COVID-19 cases spike; Hong Kong Airlines cautious on expansion in wake of Cathay Dragon shutdown.
China bans outbound/inbound tours; Low-cost carrier soars amid downturn | Daily Brief
10/24/2020|12:10:42 AM|
China could emerge as main tourist source market for Kenya post-COVID-19; IHG hotel occupancy improves to 57% in China.
Alibaba buys a 5% stake in tour operator Utour for $56.5 million
09/29/2020|11:06:08 PM|
Alibaba and Utour will cooperate on product supply, channel and branding, big data technology, payment and system solutions.
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