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HNA-invested tour operator to buy Alibaba-backed rival; Australia keen to lure Chinese tourists | Daily Brief
06/16/2021|10:22:31 PM|
Hong Kong considers easing quarantine rules for the fully vaccinated; Chinese tourists will initially stay in Asia-Pacific and head outdoors for custom experiences.
Trip.com net income rises 80% from previous quarter, domestic reservations fully recover
05/19/2021|7:40:58 AM|
Accommodation reservation revenue for the first quarter of 2021 was US$ 241 million, representing a 37% increase from the same period in 2020.
HNA-invested tour operator Caissa Tosun plans to acquire Alibaba-backed rival UTour to form a $1.9 billion giant
06/16/2021|2:20:36 PM|
Alibaba holds a 5% stake in UTour while HNA Group owns more than 21% shares of Caissa Tosun.
Asia, Europe or Africa - Chinese hotel chains are going overseas despite headwinds
05/11/2021|5:36:59 PM|
Chinese hotel groups have mixed results in overseas expansion. It’s an industry-wide issue.
Meituan posts “stellar growth”; Social travel startup raises millions of dollars | Daily Brief
05/28/2021|10:39:30 PM|
China counts over 1,000 more museums in the past five years; Chinese airlines launch ‘red tourism’ services.
Chinese airlines see sound recovery; International travel barriers remain | Daily Brief
06/15/2021|11:52:27 PM|
Cathay Pacific suspends flights from Jakarta; China hits another pandemic roadblock in hotel recovery.
Trip.com Group reveals latest travel trends as domestic bookings rise 30% from 2019
05/06/2021|11:33:04 PM|
China market sees high-end hotel travel boom and motorized travel is on the rise.
Top e-travel agencies in China fully back on track; Fosun unit to invest in airline | Daily Brief
05/20/2021|11:09:30 PM|
Shanghai Disneyland sees rising revisit numbers, boosted by recovering tourism; Number of full-time travel bloggers in China exceeds 100,000.
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