Search results for “economy”
China eases restrictions on foreign agencies; Air-rail service takes off | Weekly Review
08/29/2020|8:37:48 PM|
Pinduoduo ventures into hotel business, taking on Trip.com and Meituan; Airbnb adds 100,000+ new guests in China.
Tencent-invested travel firm reports 24.6% drop in revenue, sees recovery trend
08/28/2020|6:37:48 PM|
As of June 30, around 85.9% of its registered users resided in non-first-tier Chinese cities.
Accor-IHG merger needs Jin Jiang consent; Travel agencies gross $100 billion | Daily Brief
08/25/2020|11:30:41 PM|
Pinduoduo ventured into hotel business, taking on Trip.com and Meituan; Beijing tightened regulations on urban home-sharing business.
Wyndham Hotels reports a 50% drop in second-quarter revenue
07/29/2020|2:28:13 PM|
Global comparable RevPAR declined 54% year-over-year.
Beijing tightens regulations on urban home-sharing business
08/25/2020|11:29:45 AM|
The move is intended to promote sustainable development in the long run, though homestay players will be hit in the short term.
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.
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.
TikTok challenges Ctrip, Meituan; Skyscanner offers free ad slots | Daily Brief
07/30/2020|12:23:21 AM|
A study finds that China's outbound tourism will recover in 6-12 months; Japan, China agree to work toward resuming travel.
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