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Universal Studios Beijing draws eager crowds; Holiday travel recovers to 87% of 2019 levels | Daily Brief
09/22/2021|10:09:08 PM|
Cambodian Prime Minister said Chinese tourists may be first in tourism revival; HNA to be broken into four independent units as Chinese conglomerate’s restructuring enters final stretch.
Huazhu Group posts better-than-expected revenue growth in Q3
12/04/2020|8:37:54 PM|
Huazhu expects net revenues to grow by 0%-3% year-over-year for the fourth quarter.
Meituan bounces back in Q3, witnesses peak daily GTV across main businesses
12/03/2020|7:24:08 PM|
Medicines, flowers, late-night snacks… Meituan chose to look at existing resources for going deeper into consumers’ lives. The company's hotel bookings shot up in Q3 as demand for hotels “entirely shifted inward domestically”.
GreenTree Hospitality registers 8.6% drop in revenues for Q3
12/03/2020|5:19:38 PM|
RevPAR was down by 19.8% year-over-year.
Beijing’s non-compliant short-term rentals delisted before Universal Studios opens
09/01/2021|10:03:34 AM|
The latest regulatory control will affect a number of short-rental operators chasing after business opportunities brought by the Universal Beijing Resort.
Hotel giant Huazhu Group changes CFO
04/28/2021|10:48:15 PM|
Mr. Teo Nee Chuan will resign as CFO for "personal reasons", effective May 10, while chief compliance officer Ms. Hui Chen will take over the position.
Decoding travel demand in China’s 1.4 billion population; Shanghai Disney sees rising revisit numbers | Weekly Review
05/24/2021|8:29:20 AM|
China gearing up for international travel; Fosun unit sets up firm to invest in airline.
Chinese OTA Tuniu reports net loss of $9.1 million in Q3
12/01/2020|10:07:45 PM|
The company expects net revenues to drop 70%-75% in the next quarter.
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