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Hotel group Huazhu pares loss and expects revenues to rise 87%-89% in Q2
05/25/2021|11:34:28 PM|
Net revenues increased 15.6% year-over-year to USD 355 million for the first quarter.
Meituan-backed delivery robot provider Pudu Robotics secures $78 million
05/21/2021|11:31:00 AM|
The funds will be used for robotics technology R&D, product expansion, business development and marketing.
Spain welcomes Chinese travelers; OTA donates oxygen concentrators to India | Daily Brief
05/24/2021|11:27:17 PM|
Tourism in Yunnan, Qinghai unaffected by earthquakes; Macau imposes quarantine for people arriving from part of Guangzhou.
Cross-border travel drop offsets OTA's recovery; Meituan invests in AI robotics startup | Daily Brief
05/20/2021|12:12:46 AM|
Hotels account for 62% of China’s lodging industry, most in economy segment; Hong Kong’s battered tourism sector urge people to get vaccinated.
Travel demand in China’s 1.4 billion population; French theme park in China expansion | Daily Brief
05/22/2021|9:46:41 AM|
China has over 2,600 registered companies operating online travel business; Didi and TikTok pilot online travel services.
China’s high-speed railway covers more than 80% of major scenic spots, indicating huge market potential
06/02/2021|1:44:17 PM|
The passenger traffic of high-speed-rail lines had increased to 12 billion trips by the end of 2019, accounting for 65.4% of the total railway trips.
Titanic replica to open as tourist destination; Myanmar wants to Chinese tourists back | Daily Brief
05/17/2021|10:59:34 PM|
China may have more to lose if borders open to tourists; China’s air travel market pulls ahead the US.
Asia, Europe or Africa - Chinese hotel chains are going overseas despite headwinds
05/11/2021|5:36:59 PM|
Chinese hotel groups have mixed results in overseas expansion. It’s an industry-wide issue.
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