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24 nations reopen to Chinese visitors; Google reports on travel interest recovery | Daily Brief
08/22/2020|12:25:08 PM|
Meituan saw 17% decline in hotel room nights in Q2; Movie Hotel raised over $25 million to create hybrid experience.
Airbnb China appoints COO; Disney to cut jobs in Hong Kong | Weekly Review
07/06/2020|10:21:41 AM|
Over 40,000 hotels in China closed down in the first half of 2020; China's air passenger volume dropped 56.54% in January-May.
EU exempts China from travel ban; Indian hotels banning Chinese guests | Daily Brief
06/28/2020|11:45:51 PM|
Hilton plans to build more than 1,000 Home2 Suites in China; Chinese hotels are in desperate need of strategies to compete with Western chains.
US, China, Germany rank Top 3 countries by annual tourism revenue
01/10/2020|10:55:11 PM|
Sino-US trade frictions did not affect the variation of China’s tourist arrivals from the US, which grew 7.4% in 2018, 4.6 percentage points higher than that in 2017.
BCD Travel takes majority stake in Japanese partner Hitachi Travel Bureau
07/01/2019|7:01:08 PM|
The deal gives BCD Travel controlling interest in their operations in Japan, one of Asia Pacific’s most important markets for corporate travel.
Club Med launches new flagship resort in French Alps
01/03/2019|2:45:17 PM|
After 18 months of construction, Club Med Les Arcs Panorama should welcome this winter season over 13,000 clients from 40 different nations.
Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more
08/06/2018|11:58:59 AM|
Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.
China contributes 4.53 billion to 11.88 billion world tourist arrivals
01/24/2018|9:43:37 AM|
In 2018 the number of world tourist arrivals will increase to 12.67 billion, which will be 1.7 times the world population, according to World Tourism Cities Federation (WTCF).
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