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China's top airlines post record annual losses; Trip.com Group has Baidu as largest shareholder | Weekly Review
04/01/2023|10:26:05 AM|
Marriott expects over 500 hotels in Greater China in 2023; Meituan’s local commerce segment shines even in tough Q4.
Atour Lifestyle aims to operate 2,000 hotels by 2025
03/30/2023|8:27:15 PM|
The Chinese hotel group reported a net loss of USD 12 million for Q4, but a net income of USD 14 million for full year 2022.
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.
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.
Accor, Jin Jiang Hotels sign MoU; Flights from China to Japan steadily increasing | Daily Brief
04/07/2023|6:49:20 PM|
Airbus inks deal for 160 aircraft in China; American Airlines cuts China routes.
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.
Accor China CEO: Finding market-brand fits is like putting together a puzzle
04/07/2023|10:21:36 AM|
Learning from partners and embracing digital channels.
China offers unified train ticketing app; Macau casinos shut thousands of hotel rooms | Daily Brief
04/06/2023|9:36:52 PM|
Shanghai invests RMB 108 billion in tourism; Cathay Pacific outlines sustainability commitments.
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