Search results for “hotels”
Franchise Hotel Qingzhu secures three financing rounds in H1 2019
Qingzhu has signed a total of 2,000 hotels and aims to have 4,000 by the end of this year.
How your Airbnb host is feeling the pain of coronvirus
Though the toll is shared by airlines and big hotel chains, many online travel sites have fewer resources to withstand a prolonged slump.
Chinese star-rated hotels generate 52.58 billion yuan in Q4 2018
In Q4 2018, the ARR of China’s star-rated hotels was 356.34 yuan per room night, up by 1.17%; the AOR was 57.43%, down by 0.50% and RevPAR was 204.63 yuan, up by 0.66%.
Hoist Group acquires HotelEngine
Hoist Group has acquired HotelEngine, a Finland-based online booking tech specialist.
F1 Grand Prix postponed, global airlines to lose $4 billion | Daily Brief
ICAO forecast a decline in global traffic of 16.4 million passengers, the hotel industry could end up having to deal with the virus impact for the next 12 months.
OYO CEO touts Indian hospitality start-up’s business model despite complaints
Ritesh Agarwal dismissed the complaints regarding layoff, aggressive expanding and inadequate compensation to hotel owners.
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief
The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.
Tripadvisor's annual revenue drops 3% in 2019
As Google continues to siphon off high-quality traffic, Tripadvisor's hotel auction revenue declined by double digits year-over-year in Q3 and Q4.
Join our 85,000+ subscribers and stay updated on the lastest China travel news
Forward bookings for China domestic air travel show dramatic rebound
China’s scheduled airline capacity to rise by almost 25%
Trip.com Group expects revenue to drop 45%-50% amid COVID-19 outbreak
Trip.com Group chairman: How mobile apps could help to contain virus
COVID-19 cuts China air travel capacity by 80%
ChinaTravelNews is a wholly owned subsidiary of
©2020 TravelDaily Inc.
Advertising & Sponsorships
+86 20 2882 9757
+86 20 2882 9729
Tell us more about yourself!
Travel Agency/Ticket Agent
Comprehensive Tourism & Culture Enterprise