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OTA expects domestic full recovery; Marriott sees occupancy returning | Weekly Review
07/26/2020|11:42:47 AM|
China's home-sharing market recorded a 72.1% drop in January-May; More foreign carriers resume flight service to Shanghai.
Home-sharing in China suffers 72.1% drop; Hotel giant changes directors | Daily Brief
07/24/2020|9:50:03 AM|
China's home rental market saw a 72.1% decline in transaction volume in January-May; 45% of the APAC respondents expect to travel within the next 6 months.
China air passenger volume down 56.54% in January-May to 117 million
06/30/2020|10:24:53 AM|
The number of passengers in May increased by 54.54% month-on-month.
Huazhu initiates major restructuring to pursue global ambition
05/20/2020|10:58:13 PM|
China remains key to the company's operation while Huazhu will continue its investments for international expansion.
Trip.com Group net revenue drops 42% in Q1, accommodation down by 62%
05/29/2020|6:49:31 AM|
The company expects net revenue to decrease by 67% to 77% year-over-year for the second quarter.
China restores only 20%-30% of domestic corporate travel
05/21/2020|4:19:50 PM|
The Chinese business travel market was worth USD 394 billion in 2019, but only 10% of the businesses were served by professional TMCs.
Tencent-backed OTA reports a 43.6% drop in Q1 revenue
05/21/2020|5:34:42 PM|
Net revenue is expected to decrease by 24% to 29% for the second quarter this year.
Disney's Shanghai park to reopen; WeChat takes museums to cloud | Daily Brief
05/07/2020|12:12:57 AM|
Disney will begin a phased reopening of its Shanghai theme park next week; Australian travel tech firm Aeronology inked a global distribution deal with TravelSky.
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