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More wealthy Chinese travel abroad, redirecting domestic tourism spending

10/14/2024|7:11:14 PM|

The outflow of spending power has directly impacted Hainan’s offshore duty-free market.

H World faces a setback in Europe as 14 properties switch to Marriott brand

10/12/2024|6:06:51 PM|

The rebranding marks a step for Marriott’s expansion in Europe but it holds a different significance for H World.

Trip.com Group claims $4.3 billion annual value from membership program

10/11/2024|10:11:38 PM|

User spending rose 10% annually before the pandemic.

Booking Holdings CEO: AI is exciting, but not yet a game-changer for travel

10/10/2024|5:28:00 PM|

He remains confident about the industry's future.

Pub company secures multi-million yuan angel round, expanding into hotel and long-term rental business

10/09/2024|6:54:50 PM|

This is Tiaohai’s first time receiving institutional funding.

China suspends dialogue with Australia; Domestic holiday bookings rise 30% from 2019 | Daily Brief

05/07/2021|12:07:01 AM|

‘Red tourism’ in China appears rampant; HNA Group assets attract interest from Fosun, Air China.

McKinsey: How is global tourism consumer behavior evolving?

10/08/2024|6:51:39 PM|

The global tourism industry will continue its growth and recover to pre-pandemic levels.

Prosus liquidates entire stake in Trip.com for $1.6 billion

09/30/2024|4:26:55 PM|

The Chinese OTA’s stock price has reached its record high.

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