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China’s hotel recovery falls off rails; New airline seeks to fly 100+ routes | Daily Brief
01/25/2021|10:12:05 PM|
Chinese hotel chain Huazhu projects Q4 revenues to surpass previous guidance; UK museum reaches Chinese audiences through Alibaba Fliggy.
Short-term rental PMS provider Smart Order secures $10.8M, eyeing boutique hotels next
01/22/2021|10:36:30 AM|
The company has served 30,000 short-term rental hosts/managers with over 4,000 paid customers across 300+ cities.
China sees plunge in travel rush; Cathay raises $870 million | Daily Brief
01/28/2021|10:44:13 PM|
Beijing raises Covid requirements on travelers from low-risk area; China urges less travel during upcoming holiday.
Skyscanner names new CEO; Homestay PMS firm raises $10.8 million | Daily Brief
01/23/2021|1:03:41 AM|
Hong Kong, Singapore dethroned by Incheon as Asia’s busiest hub; Airlines in reverse with capacity cuts from Europe to China.
New York investment firm acquires 6.64% stake in Trip.com Group
02/03/2021|3:34:39 PM|
As of February 3, the online travel company was worth USD 18.98 billion.
China hit by domestic flight slump; Guangzhou airport ranked as world's busiest | Daily Brief
01/27/2021|10:06:44 PM|
Major carriers delay deliveries from Airbus, Boeing; China-backed group loses $10 billion Philippine airport project.
Hotel robot maker raises $77 million; OTA sees rising demand for family travel | Daily Brief
01/20/2021|11:16:54 PM|
Hong Kong extends travel ban to Ireland and Brazil; Skyscanner pinpoints unserved routes for airlines via traveler intent tech.
Upscale hospitality group New Century projects 80%-90% less profit
02/03/2021|6:03:23 AM|
In the second half of 2020, the hotel chain's occupancy rate and RevPAR were significantly improved.
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