Search results for “lower-tier cities”
Tencent-invested travel firm reports 24.6% drop in revenue, sees recovery trend
08/28/2020|6:37:48 PM|
As of June 30, around 85.9% of its registered users resided in non-first-tier Chinese cities.
Hotel giant Huazhu reports nearly 32% drop in Q2 revenue
09/15/2020|2:25:45 AM|
Occupancy at Legacy Huazhu was 79% in July and 84% in August.
OYO China's CFO steps down; Rental platform partners with ByteDance | Weekly Review
07/12/2020|10:12:03 AM|
CEO of IHG's Greater China region saw more hotels joining chain brands after pandemic; Airbnb China reports more than 20% rise in active listings in June.
Japan to reopen business travel; Airbnb resumes battle in China | Daily Brief
07/10/2020|7:16:58 AM|
Japan intends to begin talks on resuming business flights with 10 economies including China; American Airlines and United Airlines have both suspended flights to Hong Kong again.
Internet travel company Mounsey receives $7 million
06/17/2020|9:57:52 AM|
Mounsey boasts 2,500 branded outlets in China and aims at exceeding 10,000 outlets in three years.
Chinese carriers slash Beijing flights; Hong Kong boosts local tourism | Daily Brief
06/18/2020|12:41:23 AM|
China’s three largest carriers carried more passengers across their networks in May; Internet travel company Mounsey raises USD 7 million.
Social e-commerce platform Pinduoduo adds flight booking service
06/02/2020|4:55:47 PM|
Profitability is not the only challenge that Pinduoduo will have to face, as China’s online travel market is already very crowded.
Meituan records 45.5% less room nights amid pandemic impact
05/25/2020|10:25:18 PM|
Revenues from in-store, hotel & travel were RMB 3.09 billion (USD 434 million) in the first quarter, 31.1% less than last year.
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