Search results for “domestic recovery”
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
Tongcheng-elong’s CEO throws light on effective recovery strategy in Q3
11/28/2020|8:52:19 PM|
The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
Tencent-backed OTA reports $292 million in revenue, almost back to the same level of last year in Q3
11/23/2020|6:23:16 PM|
The year-to-year decrease of adjusted profit was narrowed down to 11.2% in the third quarter of 2020 from 43.2% in the previous quarter.
China is going to be a locomotive for the travel train: Booking Holdings CEO
11/26/2020|11:56:37 AM|
Known for his balanced perspective, Booking Holdings’ CEO Glenn Fogel believes that one shouldn’t expect immediate rebound despite emerging developments around vaccines.
China remains top travel source; HK-Singapore bubble postponed | Weekly Review
11/22/2020|2:31:05 PM|
Xbed hotel brand raises more than $15 million; Tour operator group Caissa has 180 days to pay and acquire OTA Tuniu's shares.
Taiwan OTA accused of leaking data to China; Meituan posts 113M room nights | Daily Brief
11/30/2020|10:05:20 PM|
Fosun targets Greater Bay Area tourists with Thomas Cook resort on Zhuhai island; Japan, China resume business travel.
Singapore Tourism Board partners Trip.com; October air traffic climbs in China | Daily Brief
11/18/2020|12:13:27 AM|
Hilton survey reveals primary reasons Chinese want to travel; HK Express pilots face pay cuts as budget carrier battles to stay afloat.
Fliggy sees rise in bookings; China not ready for travel bubbles | Weekly Review
11/14/2020|9:06:52 PM|
Trip.com sees demand rise in Singapore and Hong Kong; Boeing issues upbeat forecast on China market.
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