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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.
Full recovery of China outbound leisure travel is unlikely before Mid-2023
04/29/2021|10:48:06 PM|
Hainan competing with Hong Kong as the Chinese shopping paradise.
Travel photography platform Bojue Photography attracts strategic investment from state-controlled fund
04/29/2021|2:15:57 PM|
Bojue photography was ranked among the Top 20 brands for omni-media advertising.
Hotel giant seeks innovative structure; Beijing tourism revenue plunges 53% | Daily Brief
03/25/2021|11:53:51 PM|
Huazhu reports $471 million net income in Q4; Airwallex secures $100 million.
Elong Hotel debuts in Shanghai, forming a new OTA-hotel relationship
04/26/2021|11:34:59 AM|
Elong Hotel has signed up 62 properties for its four brands, most of them are franchised hotels in lower-tier cities in eastern, southern and central China.
Smart tour guide operator Lvji reports a net loss of $15.4 million
03/25/2021|7:35:40 PM|
As at December 31, 2020, Lvji had developed 26,052 online tour guides covering tourist attractions in China and overseas.
Huazhu reports $471 million net income in Q4, expecting net revenue growth to top 50% in 2021
03/24/2021|10:15:50 PM|
Hotel turnover increased 17.5% year-over-year to RMB 11 billion for the fourth quarter, and decreased 5.6% to RMB 33 billion for the full year of 2020.
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