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Marriott expects over 500 hotels in Greater China in 2023; DiDi’s autonomous driving starts commercial operation | Daily Brief
03/30/2023|9:33:00 PM|
Hong Kong tourism watchdog regulates budget tours; MGM China ends 2022 with loss of over HKD 5.2 billion.
Air China first-quarter loss narrowed; China expects travel spree during May Day holiday | Daily Brief
04/27/2023|9:26:17 PM|
Chinese tourists remain wary of traveling overseas; Hong Kong Airlines returns to clear air and growth.
Meituan posts $970 million annual loss; May Day holiday travel demand rising | Weekly Review
03/25/2023|10:55:40 AM|
Baidu, Pony.ai win permits to offer driverless robotaxi services in Beijing; Connexus Travel to undergo digital transformation in FREED camp.
Club Med owner Fosun Tourism narrows annual loss to $77 million in 2022
03/27/2023|11:07:17 AM|
The business volume of Club Med in Mainland China recovered to 54.3% of that of the same period in 2019.
Airbus inks deal for 160 aircraft in China; American Airlines cuts China routes | Weekly Review
04/08/2023|3:05:45 PM|
Shanghai reveals RMB 108 billion investment in tourism; domestic recovery to push China’s ‘Big Three’ back into black.
Atour eyeing to raise $300+ million; US-China aircraft rivalry is complicated | Daily Brief
06/25/2021|11:49:03 PM|
Ukraine, China working on visa waiver agreement; Hainan and Macau travel demand remains high as forward bookings surge.
Trip.com Group has Baidu as largest shareholder, over 90% transaction orders from mobile channels in 2022
03/28/2023|1:10:58 PM|
In 2022, Trip.com Group derived approximately 37% of the total revenues from accommodation reservation.
Hotel giant H World posts 10.7% revenue increase for Q4, net loss narrows to $19 million
03/27/2023|8:54:17 PM|
H World expects its YoY revenue growth to be in the range of 61%-65% in 2023 Q1.
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