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Booking Holdings gains $1 billion on Meituan bet; Trip.com, AirAsia join forces | Daily Brief
08/08/2020|2:48:10 AM|
Hilton hotels' occupancy exceeds 60% in China; Fosun Tourism rebrands Thomas Cook as a lifestyle online platform.
Corporate travel startup Z-Trip raises $14 million, backed by Dazhong Dianping’s founder
08/13/2020|8:57:07 AM|
China’s business travel expenditure reached USD 401 billion in 2019, with the annual growth rate exceeding 9.2%.
IHG's Greater China RevPAR drops 62% in half year
08/12/2020|5:15:34 PM|
The Greater China area generated USD 18 million in half-year revenue for IHG, and that's only 1.4% of the UK-based hotel chain's global income in the period.
OTA live stream brings in $3 million; Flight search data find Korea popularity | Daily Brief
07/30/2020|11:10:27 PM|
Trip.com Group's in-destination live-stream marketing raked in USD 3 million sales; China, Indonesia talk on travel bubble.
China caps capacity of "high-risk" flights; IHG partners with Ant Group | Daily Brief
09/02/2020|12:36:28 AM|
Meituan reports the world’s highest hotel room nights in Q2; Smart tour guide operator Lvji reports a net loss of $11.7 million.
Trip.com mulls Nasdaq delisting; TikTok takes on lifestyle-booking | Weekly Review
08/01/2020|11:09:18 PM|
Alibaba rolls out credit-based Accommodation At Will program Suixinzhu; Skyscanner offers DMOs free advertising slots.
WeChat no longer used at US airport; Mainland passengers allowed HK transit | Daily Brief
08/13/2020|10:41:42 PM|
Tencent-backed platform launched Super Group-Buying for hotel advance purchase; "Happy Flight" travelers crash Chinese airline's app with panic buying.
Generation Z consumers present new growth engine for travel brands
08/02/2020|6:36:32 PM|
Some 10% of them make travel reservations on e-commerce platform Taobao, video-sharing app TikTok and lifestyle sharing platform Xiaohongshu.
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