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Tour operator has 180 days to buy OTA stake; Carnival China prepares new team | Daily Brief
11/21/2020|10:24:33 AM|
Firms looking to cash in on travel bug of senior citizens; Hong Kong looks to mainland China for the next air travel bubble.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
US ends 5 exchange travel programs; China bans 105 apps including Tripadvisor | Daily Brief
12/08/2020|11:13:47 PM|
Singapore, China to restore normal air travel "at appropriate time"; China orders mass coronavirus testing in Chengdu.
Japan, China resume business travel; Infor launches cloud PMS in China | Weekly Review
12/05/2020|11:57:31 PM|
Trip.com Group-owned hotel chain Rezen invests in a hotel management firm; Homesharing giant Tujia's rural operation spin-off firm secures $15.3 million funding.
OTA hotel chain makes investment; Homestay giant's spinoff firm secures funding | Daily Brief
12/05/2020|1:39:24 PM|
China's hotel titans put Marriott and Hilton to shame; Huazhu posts better-than-expected revenue growth in Q3.
Trip.com Group’s Q3 accommodation revenue rose by 98% over Q2
12/04/2020|10:52:34 AM|
The domestic hotel market is leading the overall recovery, uplifting the entire travel sector in China. Trip.com Group’s accommodation revenue in Q3 was USD 365 million, a 98% increase from the previous quarter.
Trip.com Group’s Rezen Hotels invests in hotel management firm Donggu
12/04/2020|9:55:29 AM|
The OTA-owned hotel chain now operates more than 160 hotels that have over 20,000 rooms in total, as well as 10 million registered users.
Trip.com Group focuses on content, looking to be "a hub for travel inspiration"
12/03/2020|10:01:53 PM|
The company will work on securing boutique and diversified inventory in addition to sourcing deals of mass popularity.
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