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Tencent-invested OTA sees recovery, Chinese travelers switch to private tours | Daily Brief
08/28/2020|11:01:53 PM|
Chinese OTA Tuniu reported 97% drop in packaged-tour revenue; TravelSky posted 40% decrease in half-year revenue.
US hotelier to buy software firm from Chinese owner; Online travel to grow 20% | Daily Brief
08/31/2020|10:44:08 PM|
Greater China hotels sector is well-positioned to lead APAC recovery; Chinese residents flock to theme parks.
Unlimited passes are fine, but airlines must focus on passenger confidence
08/19/2020|5:58:40 PM|
Sales initiatives like unlimited flight passes can pave way for a decent sized cash-flow injection in the short-term. In addition to exploring more options for revenue generation, there is also a need to focus on other aspects to boost the passenger confidence.
US islands affected by Chinese flights ban; HK eases curbs for elite | Daily Brief
06/08/2020|10:11:17 PM|
China issued an alert warning citizens not to travel to Australia; HNA's Swissport said Belgium unit to file for bankruptcy.
US advises increased caution in travel; China adds flights from Japan, Korea | Daily Brief
08/06/2020|10:25:06 PM|
Cathay Pacific extends flexible booking policy until August end; BTG Homeinns to open 100 upscale hotels in five years.
Video sharing app TikTok challenges Ctrip and Meituan in their stronghold
07/30/2020|12:24:25 AM|
Video sharing platforms TikTok or Kwai are more interested in carving out their own niche in the local lifestyle services segment rather than being merely a traffic portal for Ctrip and Meituan.
Japan to ease travel curbs for China; Canada updates Hong Kong advisory | Daily Brief
07/02/2020|6:45:06 AM|
Around 90% of staff at Cathay Pacific agreed to take unpaid leave in a second round of cost-saving measures; Chinese hotel chain Huazhu recorded a 15.7% drop in Q1 net revenue.
Alibaba-invested repricing startup Hotelmize eyes expansion in China and Asia
04/29/2020|9:56:10 AM|
While saving costs for travel companies means cutting hotels’ profits, Hotelmize said hotels will need to improve pricing methods.
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