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China air travel to jump 10% to a record; Huazhu to raise HKD 6 billion | Daily Brief
09/18/2020|12:37:27 AM|
IHG takes voco global with launch in US and Greater China; Chinese "Big Three" airlines expected to report profits in Q3.
Fosun Tourism posts 50% drop in half-year revenue
08/26/2020|5:17:05 PM|
The company launched the “Thomas Cook Lifestyle Platform” and recorded over 104,000 registered users and transaction volume of around USD 4.8 million in less than a month.
24 nations reopen to Chinese visitors; Google reports on travel interest recovery | Daily Brief
08/22/2020|12:25:08 PM|
Meituan saw 17% decline in hotel room nights in Q2; Movie Hotel raised over $25 million to create hybrid experience.
Hotel giant Huazhu reports nearly 32% drop in Q2 revenue
09/15/2020|2:25:45 AM|
Occupancy at Legacy Huazhu was 79% in July and 84% in August.
Marriott China sees full recovery next year; US revokes 14-day quarantine | Daily Brief
09/14/2020|11:25:18 PM|
Cathay Pacific aims for "survival" as it grounds two-fifths of passenger fleet; Asia Pacific accounts for 41% of global scheduled flights in August.
Airline, railway launch combined service; Shanghai airports to get 5G coverage | Daily Brief
08/26/2020|10:25:49 PM|
Shanghai hotel occupancy hit post-COVID high; Fosun Tourism posted 50% drop in half-year revenue.
MakeMyTrip posts a 95% drop in revenue
08/23/2020|12:14:24 AM|
The company has secured credit and guarantee facilities of USD 100 million, which includes a USD 70 million facility from MakeMyTrip's largest shareholder.
Alibaba talks with Ctrip to take on Meituan; China reopens visa channels | Weekly Review
08/16/2020|11:57:54 AM|
President Trump's ban on super-app WeChat will deal a serious blow to U.S. tourism; "Happy Flight" travelers crashed Chinese airline's app with panic buying.
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