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Hong Kong lays out mainland travel rules; Cathay sees substantial capacity reductions | Daily Brief
12/14/2021|11:53:42 PM|
Chinese CDC expert says most residents can return home for Spring Festival; Hong Kong airport to provide free travel cover for passengers.
Airbnb reports 22% revenue decline in Q4, “outperforming hotel groups and OTAs”
02/26/2021|8:27:26 AM|
The recovery in Asia Pacific continues to take time.
Accor’s revenue reduces nearly 60% in 2020, but Huazhu invests more
02/24/2021|5:55:57 PM|
In China, the recovery observed from the second quarter onwards gathered pace quarter after quarter, resulting in a 44.2% decline in RevPAR over the year.
Biden lifts travel curbs on China; 1 billion+ Chinese people complete vaccination | Daily Brief
10/26/2021|10:54:12 PM|
Hong Kong rejects pleas to scrap zero-Covid; China to start vaccinating children to age 3 as cases spread.
Marriott reports $164 million net loss in Q4, with Greater China leading recovery
02/19/2021|12:08:35 PM|
RevPAR in mainland China saw a meaningful rebound through the year and was down less than 10% year over year in December.
Lifestyle camping brand Dare Glamping secures nearly RMB 10 million in an angel round
11/08/2021|8:33:31 PM|
About 60% of its users are from Xiaohongshu.
MakeMyTrip posts a 61.3% drop in revenue but is on track of recovery
01/28/2021|11:42:37 PM|
Gross bookings improved to $598.8 million in 3Q21 versus $213.0 million in 2Q21, reflecting an increase of 181.5% QoQ.
Wyndham reports a 40% revenue decline, but Greater China RevPAR performs far better than other regions
02/12/2021|11:56:55 PM|
System-wide rooms declined 4% year-over-year.
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