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Holiday travel outlook gets worse; Singapore sees 88% fewer Chinese visitors | Daily Brief
02/03/2021|11:07:11 PM|
Hong Kong Airlines in danger of getting wings clipped; New York investment firm acquires 6.64% stake in Trip.com Group.
Upscale hotel chain expects profit drop; China's No. 4 airline to draw new investors | Daily Brief
02/03/2021|6:13:14 AM|
Club Med owner Fosun Tourism expects annual loss of up to $410 million; Chinese airlines’ income for the festival travel may rush down 60%-70%.
Upscale hospitality group New Century projects 80%-90% less profit
02/03/2021|6:03:23 AM|
In the second half of 2020, the hotel chain's occupancy rate and RevPAR were significantly improved.
Club Med owner Fosun Tourism expects annual loss of up to $410 million
02/03/2021|5:40:44 AM|
Club Med resorts had 57% less business in 2020 than that in 2019.
OTA giants invest in hotel groups; Loss of Chinese tourists cost Australia $1.4 billion | Daily Brief
01/07/2021|5:11:34 PM|
Cathay extends ban on flights from UK to Hong Kong; Macau retailers eyeing an influx of mainland tourists to drive revenue.
Online travel giants Meituan, Tongcheng actively invest in hotel groups
01/07/2021|3:58:30 PM|
Chinese OTAs have a long history of buying into their hotel partners.
China recovery falls off rails; Conglomerate HNA faces bankruptcy | Weekly Review
01/30/2021|11:52:06 PM|
Travel experience booking platform Klook raises $200 million; China set to expand blacklist of overseas tourist destinations.
OTAs buy into hoteliers; MGM China advised to partner travel giants | Weekly Review
01/09/2021|9:49:25 PM|
China restricts travel for 11 million people in northern city; Weibo big data report shows family travel and “go west” are trending for hotels.
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