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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.
Daily flights in China rebound to 80%; Beijing airport to lose $100M in half year | Daily Brief
07/27/2020|10:36:51 PM|
Fosun warns investors of 76% slide in earnings as coronavirus ravages tourism business; Alibaba's credit scoring unit Zhima Credit launched a credit-based accommodation booking service.
Amadeus addresses four converging trends to sustain its edge
08/09/2019|6:31:36 PM|
Consumer channels, distribution integration, merchandising and emerging technologies are shaking up the travel sector.
Amadeus revenue contracted 54.7% in first half of 2020
07/31/2020|6:25:59 PM|
Travel agency bookings fell by 78.6% to 65.9 million.
OYO China's CFO steps down; Rental platform partners with ByteDance | Weekly Review
07/12/2020|10:12:03 AM|
CEO of IHG's Greater China region saw more hotels joining chain brands after pandemic; Airbnb China reports more than 20% rise in active listings in June.
OTA gets green light for US investment; Fliggy offers Fly At Will flight deals | Weekly Review
07/19/2020|12:21:24 PM|
Short-term rental firm Xiaozhu teamed up with lifestyle social network Xiaohongshu; E-commerce giant JD.com invested in the digital unit of Beijing Tourism Group to expand in the travel industry.
Japan to reopen business travel; Airbnb resumes battle in China | Daily Brief
07/10/2020|7:16:58 AM|
Japan intends to begin talks on resuming business flights with 10 economies including China; American Airlines and United Airlines have both suspended flights to Hong Kong again.
France reduces Chinese flights; China further opens up group tours | Daily Brief
07/15/2020|6:10:39 AM|
Hong Kong Disneyland is shutting down again to comply with government-mandated restriction; Vietnam has agreed to resume commercial flights to and from China after months of closure.
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