Search results for “China market”
HNA-invested tour operator Caissa Tosun plans to acquire Alibaba-backed rival UTour to form a $1.9 billion giant
06/16/2021|2:20:36 PM|
Alibaba holds a 5% stake in UTour while HNA Group owns more than 21% shares of Caissa Tosun.
9 megatrends of Chinese tourism post-pandemic
03/18/2021|3:45:06 PM|
For companies seeking megatrends of the global travel recovery, the China market may provide some food for thought.
Wyndham plans expansion in Asia Pacific; Meliá grows in China | Daily Brief
04/15/2021|10:33:01 PM|
Macau seeks mutual vaccine recognition with Guangdong; Trip.com partners with CommonPass.
Room night bookings deliver sizable operating profit for Meituan
06/02/2021|1:42:04 PM|
A sign of progress was Meituan’s decision to expand its hotel supply in the high-end segment and the number of bookings garnered from this category continued to rise.
IHG reports occupancy growth in Greater China and CEO is confident about sustained growth
05/07/2021|8:13:07 PM|
RevPAR in Greater China was down 37.7% vs 2019, and up 78.2% vs 2020.
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 mulls over differentiated visa policies; Club Med owner plans multi-brand expansion | Weekly Review
03/28/2021|10:43:08 AM|
Meituan reports 354.5 million room nights booked in 2020, down by 9.7%; Hotel direct sales service provider Honey Guide secures tens of millions of yuan.
OTA tries out digital currency app; Travel bookings during festival rise 300% | Daily Brief
04/08/2021|10:36:37 PM|
China reportedly keeps top-secret watchlist of US travelers; China Southern signs new deals with 20 international partners.
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