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Alibaba invests in hotel wholesaler; OTA could raise $1.35 billion | Daily Brief
04/07/2021|11:30:58 PM|
Shiji jumps after Ant Group invests $68.6 million in retail system unit; Chinese travel rebounds during holiday while spending still lags.
Corporate travel startup Z-Trip raises $14 million, aiming to build an open procurement platform
04/16/2021|10:42:31 AM|
Corporate procurement operators should not only simplify management procedures with advanced tools, but also get access to external resources and markets.
Wyndham plans expansion in Asia Pacific; Meliá grows in China | Daily Brief
04/15/2021|10:33:01 PM|
Macau seeks mutual vaccine recognition with Guangdong; Trip.com partners with CommonPass.
GreenTree Hospitality revenues drop 14.8% last year
04/15/2021|5:07:37 PM|
RevPAR was RMB 124 for the fourth quarter in 2020, down by 3.2% year-over-year but up by 4.1% quarter-over-quarter.
China mulls over differentiated visa policies; Club Med owner plans multi-brand expansion | Weekly Review
03/28/2021|10:43:08 AM|
Meituan reports 354.5 million room nights booked in 2020, down by 9.7%; Hotel direct sales service provider Honey Guide secures tens of millions of yuan.
Shanghai to announce vaccination for foreigners; Taiwan train crash kills 51 | Daily Brief
04/03/2021|12:29:21 AM|
State-owned hospitality group Jin Jiang reports 32.3% drop in revenue, eyes to be a world-renowned name; Shanghai denies implementing mandatory registration for travelers to city.
Smart hotel tech firm raises $45.6 million; Chinese are now more open to travel | Daily Brief
03/31/2021|9:38:15 PM|
State-owned travel conglomerate CTII posts 56% drop in revenue; Singapore mulls over launch of air travel bubble with Hong Kong.
Travel photography startup raises fund; Shanghai International Resort aims to be 'tourism city' | Daily Brief
04/29/2021|11:49:40 PM|
Trans-Pacific air tickets soar after US lifts pupil journey restrictions; Full recovery of China outbound leisure travel is unlikely before Mid-2023.
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