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OTA giants invest in hotel groups; Loss of Chinese tourists cost Australia $1.4 billion | Daily Brief
01/07/2021|5:11:34 PM|
Cathay extends ban on flights from UK to Hong Kong; Macau retailers eyeing an influx of mainland tourists to drive revenue.
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.
China eases restrictions on foreign agencies; Air-rail service takes off | Weekly Review
08/29/2020|8:37:48 PM|
Pinduoduo ventures into hotel business, taking on Trip.com and Meituan; Airbnb adds 100,000+ new guests in China.
China relaxes restriction on foreign agencies; Airbnb partners with Xiaomi | Daily Brief
08/27/2020|11:21:33 PM|
Airbnb adds 100,000+ new guests in China; Business travel in China is still slow.
Marriott China sees full recovery next year; US revokes 14-day quarantine | Daily Brief
09/14/2020|11:25:18 PM|
Cathay Pacific aims for "survival" as it grounds two-fifths of passenger fleet; Asia Pacific accounts for 41% of global scheduled flights in August.
Tencent-backed OTA reports $292 million in revenue, almost back to the same level of last year in Q3
11/23/2020|6:23:16 PM|
The year-to-year decrease of adjusted profit was narrowed down to 11.2% in the third quarter of 2020 from 43.2% in the previous quarter.
Tongcheng-elong’s CEO throws light on effective recovery strategy in Q3
11/28/2020|8:52:19 PM|
The company is looking at cost-effective traffic sources, especially in lower-tier cities, and banking on technological innovations going forward. The plan is to have 200 million annual paying users by 2021.
ITB China announces two industry events in Beijing and Shanghai next year
12/15/2020|2:22:44 PM|
Mark your calendar for the new dates of ITB China 2021 in Shanghai - November 24-26.
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