Search results for “performance”
Hong Kong sees 93% fewer visitors; MSC Cruises to deploy two flagships in China | Daily Brief
01/18/2021|11:27:23 PM|
Stalled holiday travel worries Chinese airlines on profits; Trip.com Group "more confident than ever" in China’s long-term travel recovery.
Family-activity space provider Mini Mars secures tens of millions of yuan
02/04/2021|1:47:06 PM|
The company aims to launch more than 10 stores across the country in 2021.
Upscale hotel chain expects profit drop; China's No. 4 airline to draw new investors | Daily Brief
02/03/2021|6:13:14 AM|
Club Med owner Fosun Tourism expects annual loss of up to $410 million; Chinese airlines’ income for the festival travel may rush down 60%-70%.
China's hotel occupancy recovers faster than rest of world
12/31/2020|2:22:24 PM|
The weekly occupancy rate of the hotels in China was 61.7% as of the end of November, followed by Middle East (51%) and United States (35.7%).
CTS Group buys 34% stake in "micro vacation" resorts New Century Senbo for $23 million
12/25/2020|4:50:27 PM|
New Century Senbo offers short-distance vacations near cities to the Chinese middle-class consumers.
Online travel giants Meituan, Tongcheng actively invest in hotel groups
01/07/2021|3:58:30 PM|
Chinese OTAs have a long history of buying into their hotel partners.
Huazhu Group gears up for expansion in lower-tier cities
12/09/2020|11:31:23 AM|
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
Tourists in China scale back travel plans; India denies banning Chinese passengers | Daily Brief
12/31/2020|9:05:36 PM|
Trip.com's group-tour report reveals a new era for small, private groups; China's hotel occupancy recovers faster than rest of world.
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