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China logs about 40 million entry-exit trips in two months; Cathay Pacific sees business travel increase | Daily Brief
03/09/2023|6:31:35 PM|
Tencent-backed Airwallex secures payment license in Chinese Mainland; Trip.com Group to deepen collaborations to promote Japan as a key destination.
Leisure-focused OTA firm Tuniu posts 52.3% rise in Q1 revenue
06/09/2023|11:12:17 PM|
Q2 revenue is projected to rise 140%-150%.
Douyin, TikTok's Chinese version, launches calendar-based hotel booking to take on OTAs
05/17/2023|3:01:12 PM|
While service fee was only 4.5% of transaction value, the total cost for Douyin merchants is getting closer to traditional OTA commission cost taking into account other content operation costs.
Douyin influencers generate over 5.83 million travel-related orders in Q1
06/07/2023|5:29:08 PM|
More than 1000,000 accommodation transactions registered in the first quarter.
OTAs to benefit most from China’s travel recovery; Boeing CEO expects 737 deliveries to resume soon | Daily Brief
05/10/2023|7:00:23 PM|
Cathay CEO says labor shortages limit airline to 70% of pre-Covid capacity; SoftBank-backed Klook reportedly raising funds ahead of US IPO.
Hong Kong names new ministers for tourism and transport
12/05/2024|10:02:55 PM|
Visitor numbers to Hong Kong have only recovered to 73% of pre-pandemic levels.
Radisson adds 60+ hotels in Asia-Pacific; Boeing's China head to retire | Weekly Review
07/16/2023|9:29:13 AM|
MSC Cruises heading back to China in March 2024; China Tourism Group Duty Free posts near 30% rise in first-half sales.
Booking Holdings sells Meituan stake for $1.7 billion; Didi’s rival restart IPO | Weekly Review
02/25/2023|11:29:44 AM|
Beijing to construct 245 new museums by 2035; Juneyao Air’s owner aims to cover road travel.
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