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Trip.com counts on domestic travel for recovery in short span
05/22/2021|11:15:48 AM|
The online travel company leveraged the prowess of domestic offerings in China to capture pent-up outbound demand and improved its booking-related metrics in a significant manner.
OTA-invested bank to double customer base; Japan Airlines to consolidate Spring Airlines unit | Daily Brief
04/26/2021|6:09:55 PM|
Vaccine travel rules widen rift between China and the West; China investigates Meituan for suspected monopolistic practices.
Didi and TikTok start internal test of online travel services
05/21/2021|12:17:12 PM|
The entire Internet circle is now setting their sights on another new track - online travel.
Meituan-backed delivery robot provider Pudu Robotics secures $78 million
05/21/2021|11:31:00 AM|
The funds will be used for robotics technology R&D, product expansion, business development and marketing.
China has over 2,600 registered companies operating online travel business
05/21/2021|11:11:58 AM|
Over 1,100 of these companies have raised capital from investors.
Hotels account for 62% of China’s lodging industry, most in economy segment
05/19/2021|8:31:21 AM|
Only 18% or 50,000 hotel properties were in the midscale, upscale and luxury categories.
China’s OTAs and hotel groups are launching more hotel brands to meet diverse demands
04/30/2021|7:15:25 PM|
Competitions in new fields and changes in business strategies are catalyzing the launch of new brands.
Tencent Cloud partners with Korea DMO; Royal Caribbean ship to debut in China | Daily Brief
04/23/2021|12:57:49 AM|
Hong Kong airport lounge firm eyes high-speed rail stations amid uncertain recovery in air travel; US raises Taiwan travel advisory to Level 3 "reconsider travel".
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