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TikTok's China app rolls out new function to take on OTAs; mainland resumes group tours from Taiwan | Weekly Review
05/20/2023|11:39:17 AM|
Hotel group Atour Lifestyle posts over 70% rise in first-quarter revenue; Hong Kong Disneyland trims annual loss by 12% last year.
Shanghai Disneyland raises prices; China Southern suspends staffer who called passenger a ‘dog’ | Daily Brief
05/29/2023|6:45:11 PM|
Passenger travel on Korea-China routes at 13% of pre-pandemic level; Boeing, Airbus send congratulations on C919's maiden commercial flight.
Tencent-backed Tongcheng Travel posts more than 50% rise in Q1 revenue
05/24/2023|6:48:19 PM|
Some 80% of Tongcheng's active users were contributed by Tencent's Weixin mini program.
Douyin, TikTok's Chinese version, launches calendar-based hotel booking to take on OTAs
05/17/2023|3:01:12 PM|
While service fee was only 4.5% of transaction value, the total cost for Douyin merchants is getting closer to traditional OTA commission cost taking into account other content operation costs.
Puy du Fou enters China's theme-park market; Trip.com Group’s revenue in Q1 exceeds pre-pandemic level | Daily Brief
06/08/2023|6:28:15 PM|
Rumors of third Disneyland in China abound, but researcher says it is unlikely; Visa delays for Chinese professionals hit India businesses.
Puy du Fou enters China's theme-park market: How will French recipe of storytelling cater to Chinese tastes?
06/08/2023|10:28:38 AM|
The French brand aims to expand globally, and China will be vital to that goal.
China's first home-grown cruise ship undocked; Cathay Pacific to pay government HK$1.52b in dividends | Daily Brief
06/06/2023|9:09:42 PM|
Galaxy, MGM are said to explore opening casinos in Thailand; plane ticket prices fall sharply for Dragon Boat Festival.
Hotel group Atour Lifestyle posts over 70% rise in first-quarter revenue
05/19/2023|10:17:38 AM|
Retail and related incomes accounted for 18% of Atour's total revenue in the quarter.
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