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China's population growth is ending; Hotel chain seeks $2 billion US listing | Daily Brief
05/11/2021|9:57:15 PM|
China is experiencing a rural tourism boom amid the Covid-19 pandemic; Duty-free discounts fueling greater travel spending.
China may open up to international travel in 2022; Three-child policy set to boost family travel | Daily Brief
06/05/2021|3:47:11 AM|
Official says China can’t open up like US despite vaccination; RV business flourishing with over 5,400 registered companies.
Social travel and carpooling app Cuttlefish pockets millions of dollars in Pre-A round
05/28/2021|12:46:56 PM|
The funds will go to product optimization, algorithm development, operation and marketing, and human resources.
Marriott sees 76.8% RevPAR rise in Greater China, but still a long way to full recovery
05/11/2021|12:19:22 AM|
Total revenues for this quarter were USD 2.3 billion, down by 51% compared with the same period of 2020.
China sees RV business flourishing with over 5,400 registered companies
06/04/2021|7:01:17 PM|
The number of RVs going up at an annual rate of nearly 50% in the past few years. By the end of 2020, China had a total of 218,000 RVs.
Room night bookings deliver sizable operating profit for Meituan
06/02/2021|1:42:04 PM|
A sign of progress was Meituan’s decision to expand its hotel supply in the high-end segment and the number of bookings garnered from this category continued to rise.
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.
Expedia posts a net loss of $581 million in Q1, with leisure travel leading the recovery
05/07/2021|8:49:11 AM|
For the first quarter of 2021, total gross bookings decreased 14%, with lodging bookings experiencing year-over-year growth in the first quarter.
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