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Douyin, TikTok's Chinese version, launches calendar-based hotel booking to take on OTAs
05/17/2023|3:01:12 PM|
While service fee was only 4.5% of transaction value, the total cost for Douyin merchants is getting closer to traditional OTA commission cost taking into account other content operation costs.
Amadeus partners with DiDi Enterprise; H World Group makes 500% return from OYO stake sale | Weekly Review
06/03/2023|11:09:29 AM|
Trip.com incubates first NFT "Trekki"; Boeing CEO says Chinese narrowbody jet C919 is a "good airplane" .
Shanghai Disney Resort bans wagons and carts; Chinese visa applications 35% of pre-pandemic levels | Daily Brief
06/01/2023|7:04:38 PM|
H World strengthens its direct bookings pie; Pony.ai Teams With Arm of Hotel Giant Jin Jiang for Robotaxi Trips in Shanghai.
Tongcheng achieves its all-time high for domestic room nights in Q1
05/30/2023|12:15:20 PM|
The online travel company benefited from the healthy recovery in the wake of relaxed Covid-19 travel policies, and this was reflected in its revenue from domestic room nights and air ticketing.
Booking reports faster growth in gross travel bookings than Expedia
05/05/2023|8:27:04 AM|
Both OTA giants set record highs in the first quarter.
Marriott beats market estimates on China recovery; Trip.com Group holds a 14.2% stake in Atour | Daily Brief
05/04/2023|9:04:07 PM|
Biden administration OKs boost in Chinese airline flights to US; China's holiday tourism rebound to pre-COVID levels boosts outlook.
Fosun Tourism to add urban resort hotels; Merlin Entertainments’ new CEO is visiting China | Weekly Review
04/15/2023|10:00:57 AM|
Universal Beijing Resort bans freelance photography services in park; Webus is seeking IPO in the US.
OTAs report May holiday travel data; 11 Chinese airlines resume 737 MAX flights | Daily Brief
04/12/2023|11:14:33 PM|
Fosun Tourism to expand business; Accor opens Pullman's 50th hotel in Greater China.
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