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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%.
Car-hailing giant Didi pilots hotel booking to expand corporate services
02/08/2021|10:31:03 AM|
Rather than becoming an OTA, Didi has a greater chance of success by growing its one-stop corporate travel management unit.
Agoda leads Booking Holdings’ APAC partnerships, capitalizing on China market
02/08/2021|7:44:35 AM|
Meituan and Didi are deemed Booking Holdings’ “strongest partners” in China.
Fliggy partners with Amadeus; OYO reshapes international teams | Weekly Review
02/06/2021|11:03:18 PM|
Family-activity space provider Mini Mars secures Series A round funding; Universal Beijing Resort plans to bring in Tencent Games roles.
Club Med owner Fosun Tourism expects annual loss of up to $410 million
02/03/2021|5:40:44 AM|
Club Med resorts had 57% less business in 2020 than that in 2019.
Hong Kong to use vaccine records for travel; China's travel added value nears $690B | Daily Brief
01/05/2021|12:12:07 AM|
Weibo big data report shows family travel and “go west” are trending for hotels; Resort islands in Bali feel the pinch as Chinese tourists avoid Indonesia.
Mobility firm seeks hotel trademark; Rosewood Hotel works with Trip.com | Daily Brief
12/17/2020|12:13:04 AM|
Cathay Pacific reports 98.6% drop in passenger number; Top 20 China Travel Groups for 2020 announced.
Hilton aims at 1,000 hotels in China; TikTok parent founds travel agency | Daily Brief
12/16/2020|12:13:02 AM|
Deutsche Hospitality to expand in China with two Steigenberger hotels; ITB China announces two industry events in Beijing and Shanghai next year.
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