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Asia hotels continue recovery; Nations allow Chinese visitors | Weekly Review
11/02/2020|9:48:43 AM|
Trip.com Group’s live-stream marathon generates USD 56 million in GMV; Frequent, more extravagant vacations lead travel trends in China.
WeChat hotel marketing expert Zhiketong raises $50 million in series D round
11/04/2020|7:52:46 PM|
Zhiketong targets to have clients’ total transaction value exceeding the RMB 100 billion (USD 14.97 billion) mark by 2025.
RV rentals grow fast; China says US travel curbs are arbitrary | Daily Brief
12/07/2020|11:02:51 PM|
China plans first domestic luxury cruise line with Viking; HNA Group, Trip.com sign MoU on air travel, Internet tech.
China asks for two travel tests; WeChat marketing firm raises $50M | Weekly Review
11/08/2020|3:20:16 PM|
Civic groups call for probe into Chinese investment in Taiwan online travel agency; China Southern Airlines reports first quarterly profit since pandemic hit.
Hotel linen IoT platform raises nearly $4 million to promote full-process digital management
11/18/2020|11:30:55 AM|
Tuxiaoer will use the proceeds to comprehensively expand its linen IoT lines.
China suspends 133 international flights; Trip.com Group focuses on content | Daily Brief
12/04/2020|3:07:07 AM|
GreenTree Hospitality registers 8.6% drop in revenues; Meituan bounces back in Q3, witnesses peak daily GTV across main businesses.
Hong Kong Disney park closes again; OTA revenues down by 85% | Daily Brief
12/02/2020|12:02:56 PM|
Asia Pacific hotel performance improves slightly in Q3; COTRI projects 100 million international trips by China in 2021.
Wyndham's Greater China RevPAR down by 29% in Q3
10/29/2020|6:40:17 PM|
Global comparable RevPAR declined 35% year-on-year while system-wide rooms declined 2%.
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