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OTA expects domestic full recovery; Marriott sees occupancy returning | Weekly Review
07/26/2020|11:42:47 AM|
China's home-sharing market recorded a 72.1% drop in January-May; More foreign carriers resume flight service to Shanghai.
Trip.com works with Malaysia Airlines; More foreign carriers return to Shanghai | Daily Brief
07/25/2020|5:22:39 PM|
Chinese theme park operator made it third in the TEA/AECOM global theme park ranking; Chinese city built a new international airport double the size of Heathrow.
Daily flights in China rebound to 80%; Beijing airport to lose $100M in half year | Daily Brief
07/27/2020|10:36:51 PM|
Fosun warns investors of 76% slide in earnings as coronavirus ravages tourism business; Alibaba's credit scoring unit Zhima Credit launched a credit-based accommodation booking service.
Leveraging 3rd party flagship stores for building "in China for China" business
07/05/2020|5:23:21 PM|
Foreign hotel companies are setting up their flagship stores on Ctrip and Fliggy, and looking at them as a way to let locals shop in a way they are accustomed to.
Accor works on a domestic travel recovery promotion in China
06/23/2020|5:01:50 PM|
Accor worked with travel and social media platforms including Ctrip, Fliggy, Meituan Dianping and WeChat, capturing the pent up domestic demand for travel and even impulse consumption by rewarding loyalists.
Chinese hotel group GreenTree sees a 33% drop in Q1 revenue
06/05/2020|2:18:13 PM|
The company expects its total revenues to decrease by 10%-15% for the full year 2020.
Huazhu restructures for global plan; Trip.com Group buys Dutch OTA | Weekly Review
05/23/2020|9:22:05 PM|
OYO has finally appointed a CEO for its China unit; The world's top 50 hotel brands are losing USD 14 billion in value.
Hotel firm GreenTree expects a 30%-35% drop in Q1 revenue
04/14/2020|9:35:51 PM|
Due to the impact of COVID-19, the company may record a decline in total revenues of 10%-15% for the full year 2020.
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