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Meituan posts “stellar growth” for first quarter in hotel & travel segment
05/28/2021|6:26:19 PM|
In-store, hotel & travel segment reports a revenue of RMB6.6 billion, an increase of 112.7%.
Chinese OTA Tuniu reports 55.5% net revenue drop in Q1, but expects more than 300% growth in Q2
06/03/2021|6:33:45 PM|
Revenues from packaged tours were USD 6.9 million in the first quarter of 2021, representing a year-over-year decrease of 62.3%.
WHO approves second Chinese vaccine; China relaxes foreign investment limits | Daily Brief
06/02/2021|8:53:30 PM|
Cathay Pacific to hire Hong Kong-based pilots again; Foreign destinations gearing up for Chinese tourists' imminent return may be disappointed.
Huazhu Group targets lifestyle market opportunities
05/27/2021|11:12:05 AM|
The Chinese hotel company believes its expansion in the lifestyle segment, both via organic and inorganic routes, plus excellent RevPAR growth in lower-tier cities is a positive sign for the group.
Wyndham eyes exceptional conditions for growth in China
06/22/2021|3:07:08 PM|
After Wyndham's decision to restructure its team in the APAC region last year, the group is building on its direct franchising in China and also plans to target consumers from lower-tier cities.
Virus-hit province tightens travel rules; Bankrupt HNA reports $187 billion debts | Daily Brief
06/08/2021|1:01:54 AM|
Singapore to bar short-term visitors with travel history to Guangdong; China’s state-driven economic model may be limiting investment in aviation industry.
Indian Covid variant detected in Chinese cities; China issues warning to big tech firms | Daily Brief
05/01/2021|10:48:46 AM|
China’s OTAs and hotel groups are launching more hotel brands to meet diverse demands; US aviation giants hope to gain more market in China.
Hospitality customer experience firm Vocust raises nearly RMB 100 million in A round
06/09/2021|9:59:50 AM|
The company was founded by Trip.com’s former COO and backed by top investors like Tencent and Sequoia Capital .
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