Search results for “domestic recovery”
MakeMyTrip posts a 95% drop in revenue
08/23/2020|12:14:24 AM|
The company has secured credit and guarantee facilities of USD 100 million, which includes a USD 70 million facility from MakeMyTrip's largest shareholder.
Joint report by Trip.com and Google indicates travel interest recovery
08/22/2020|12:06:13 PM|
From January to June, Japan and Korea were the top choices for short-haul trips.
Meituan reports 8.9% rise in revenue, 17% decline in hotel room nights
08/22/2020|11:10:23 AM|
Hotel business continued to be significantly affected by the pandemic, with the number of domestic room nights consumed in the second quarter decreasing by 17% to 78 million.
OTA live stream brings in $3 million; Flight search data find Korea popularity | Daily Brief
07/30/2020|11:10:27 PM|
Trip.com Group's in-destination live-stream marketing raked in USD 3 million sales; China, Indonesia talk on travel bubble.
OTA projects full recovery in months; China sees 150 million air passengers | Daily Brief
07/21/2020|11:10:16 PM|
Air passengers traveling to China must show a negative COVID-19 test result before boarding; Alibaba fund invests in cross-border fintech firm Airwallex.
WeChat no longer used at US airport; Mainland passengers allowed HK transit | Daily Brief
08/13/2020|10:41:42 PM|
Tencent-backed platform launched Super Group-Buying for hotel advance purchase; "Happy Flight" travelers crash Chinese airline's app with panic buying.
Discount pricing + digital tools drive domestic travel transactions in China
07/23/2020|6:04:56 PM|
Chinese online platforms are focusing on digital tools, especially live-streaming, to revive spending. The plan is to drive domestic travel sales volume through discounts, a tactic being described as a short-term phenomenon.
OYO China's CFO steps down; Rental platform partners with ByteDance | Weekly Review
07/12/2020|10:12:03 AM|
CEO of IHG's Greater China region saw more hotels joining chain brands after pandemic; Airbnb China reports more than 20% rise in active listings in June.
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