Search results for “China’s Travel Market”
China’s hotel industry sees 4 major new trends in H2
10/29/2020|6:19:51 PM|
The impact of the pandemic lingers, and Chinese consumers’ minds and behaviors have already radically changed.
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.
WeChat hotel marketing expert Zhiketong raises $50 million in series D round
11/04/2020|7:52:46 PM|
Zhiketong targets to have clients’ total transaction value exceeding the RMB 100 billion (USD 14.97 billion) mark by 2025.
Valor Hospitality Partners and The Delivering Group join forces to help independent Asian hotels regain momentum
12/09/2020|10:19:29 AM|
The alliance with Valor Hospitality is the latest move by The Delivering Group to form a powerful coalition of sales, marketing, PR, digital, distribution solutions providers targeting the travel and hospitality sector.
Tongcheng-elong’s CEO throws light on effective recovery strategy in Q3
11/28/2020|8:52:19 PM|
The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
Thinking beyond "survival mode" – Key takeaways for hotel distribution recovery
10/26/2020|1:35:36 PM|
Once a new revenue stream has been added, the business line won’t stop even after the pandemic.
Tencent-backed OTA reports $292 million in revenue, almost back to the same level of last year in Q3
11/23/2020|6:23:16 PM|
The year-to-year decrease of adjusted profit was narrowed down to 11.2% in the third quarter of 2020 from 43.2% in the previous quarter.
APAC hotel markets show continued signs of recovery
10/26/2020|3:39:12 PM|
In September, 70% or better occupancy levels were registered in key China markets such as Sanya, Shenzhen, Chengdu and Xi’an, and these markets were showing year-over-year growth in the metric.
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