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Major Chinese OTA Tongcheng-Elong sees "continuing robust recovery trend" in Q4
03/23/2021|5:55:54 PM|
The company's average monthly paying users increased by 5.9% year-to-year to 28.7 million in Q4 2020, but average monthly active users decreased by 4.8% to 196.0 million.
OTA launches a three-step content strategy; Chinese consumers still optimistic | Daily Brief
03/05/2021|12:29:54 AM|
China hotels benefited from quick lockdowns, later holidays; Travel in Hong Kong may resume slowly "in 3-6 months".
TikTok's China app pilots group buying; Tencent invests in travel firm | Weekly Review
03/07/2021|3:18:22 PM|
OTA giant sees content as a new growth driver, rolls out a three-step strategy; Chinese lawmakers, advisors suggest issuing vaccine passports.
China requires quarantine before traveling; Macau to see 30% more flights | Daily Brief
02/19/2021|8:53:36 PM|
Spring Festival spending rebounds beyond pre-pandemic level; China reports zero COVID-19 high-risk areas.
Sabre reports a net loss of $311 million for Q4
02/17/2021|10:41:11 AM|
Operating loss was USD 988 million, versus operating income of USD 363 million in 2019.
Agoda leads Booking Holdings’ APAC partnerships, capitalizing on China market
02/08/2021|7:44:35 AM|
Meituan and Didi are deemed Booking Holdings’ “strongest partners” in China.
Fliggy partners with Amadeus; OYO reshapes international teams | Weekly Review
02/06/2021|11:03:18 PM|
Family-activity space provider Mini Mars secures Series A round funding; Universal Beijing Resort plans to bring in Tencent Games roles.
Holiday travel outlook gets worse; Singapore sees 88% fewer Chinese visitors | Daily Brief
02/03/2021|11:07:11 PM|
Hong Kong Airlines in danger of getting wings clipped; New York investment firm acquires 6.64% stake in Trip.com Group.
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