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OTA buys a stake in airport app; E-commerce site adds flight booking service | Daily Brief
06/02/2020|11:30:38 PM|
EU chamber urged China to cut subsidies to inefficient airlines; Marriott hotels' occupancy rate in China rose to 40%.
Meituan records 45.5% less room nights amid pandemic impact
05/25/2020|10:25:18 PM|
Revenues from in-store, hotel & travel were RMB 3.09 billion (USD 434 million) in the first quarter, 31.1% less than last year.
Chinese carriers slash Beijing flights; Hong Kong boosts local tourism | Daily Brief
06/18/2020|12:41:23 AM|
China’s three largest carriers carried more passengers across their networks in May; Internet travel company Mounsey raises USD 7 million.
JD.com sells its stake in online travel agency Tuniu for $65 million
06/23/2020|11:58:31 AM|
The deal would give the Caissa Group 21.1% shares of Tuniu in total.
Top Chinese carriers confident of their FFP members staying loyal
06/04/2020|9:08:15 AM|
Chinese carriers not only took initiatives to assure their loyalty program members about the utility of loyalty currency and membership benefits, but they also paved way for smaller non-air redemptions to subsidize member's shopping for essentials during the coronavirus crisis.
Huazhu restructures for global plan; Trip.com Group buys Dutch OTA | Weekly Review
05/23/2020|9:22:05 PM|
OYO has finally appointed a CEO for its China unit; The world's top 50 hotel brands are losing USD 14 billion in value.
Trip.com Group invests in airport service app iSkytrip
06/02/2020|3:31:45 PM|
This is not the first time that the Chinese OTA has expanded into airport-related services.
Skyscanner's CEO Bryan Dove will be replaced by Travelfusion founder
06/01/2020|6:32:00 PM|
Moshe will split his time between the two companies, though both organizations will remain operationally independent from the other.
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