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Beijing hotels report substantial rise; Chinese airlines target domestic demand | Daily Brief
07/14/2021|12:54:59 AM|
Atour posts higher-than-Pre-Covid RevPAR in updated IPO filing; Hong Kong in talks with mainland China for reopening, but experts warn against moving too fast.
HNA-invested tour operator Caissa Tosun plans to acquire Alibaba-backed rival UTour to form a $1.9 billion giant
06/16/2021|2:20:36 PM|
Alibaba holds a 5% stake in UTour while HNA Group owns more than 21% shares of Caissa Tosun.
Huazhu works with Porsche on luxury hotel; Trip.com to sell European train passes | Daily Brief
07/09/2021|11:24:25 PM|
Chinese GDS giant TravelSky changes chairman; Boeing Max edges toward China return as test flights near.
Star-rated hotels in China report $4.25 billion operating income for first quarter
06/02/2021|2:57:34 PM|
Strong revenue growth has been recorded for five-star and four-star hotels for the quarter.
Chinese hotels tap into detective games; Upcoming holiday to see travel surge | Daily Brief
06/09/2021|11:37:29 PM|
Hotel & lifestyle brand Atour files for $100 million US IPO, with Trip.com holding 14.8% shares; Tencent invests in aviation technology startup.
Delivery robot provider Star Speed Store secures $2.97 million in angel round
06/07/2021|11:10:00 AM|
The company aims to take its robots to thousands of hotels in 25 Chinese cities this year.
Chinese OTA Tuniu reports 55.5% net revenue drop in Q1, but expects more than 300% growth in Q2
06/03/2021|6:33:45 PM|
Revenues from packaged tours were USD 6.9 million in the first quarter of 2021, representing a year-over-year decrease of 62.3%.
Flights canceled at Shenzhen airport after Covid case; Shanghai to help beleaguered travel industry | Daily Brief
06/18/2021|10:55:58 PM|
China’s border restrictions remain despite vaccination ramp up; Macau lifts inbound-quarantine rule for 2 Guangdong cities.
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