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Alibaba, Hilton integrate membership; Chinese OTA buys corporate travel firm | Daily Brief
03/29/2021|9:24:46 PM|
Hong Kong to ease social-distancing, push for travel bubbles to speed up mass vaccination; U.S. lawmakers ask Biden to make travel easier from Taiwan.
Alibaba’s Fliggy and Hilton integrate membership systems
03/28/2021|9:33:39 PM|
The cooperation between Fliggy and Hilton connects online and offline business to create convenience and comfort for travelers.
Travel sector eyes consumers from lower-cities in China
04/13/2021|11:25:41 AM|
The travel sector is counting on consumers from lower-tier cities as a vital cog for not only revenue generation in the short-term, but also as a growth engine for the future.
Corporate expense management platform Fenbeitong secures $92.5 million from Tencent, Hillhouse
03/19/2021|1:46:34 PM|
The company’ revenue grew 300% annually over 2018-2020.
Trip.com Group unveils new travel marketing hub Star Store
04/01/2021|3:25:38 PM|
As of December 2020, Trip.com Group saw 200 million consumers tune in for live broadcasts, including the Boss Live show, driving Trip.com Group's total pre-sale GMV to over RMB 5 billion.
Smart tour guide operator Lvji reports a net loss of $15.4 million
03/25/2021|7:35:40 PM|
As at December 31, 2020, Lvji had developed 26,052 online tour guides covering tourist attractions in China and overseas.
Hotel membership operator OTM secures RMB 40 million in an angel round
03/16/2021|5:20:49 PM|
OTM has established cooperation with more than 500 hotels since December 2020.
Domestic and international trips in China expected to rebound in second half
03/02/2021|6:25:44 PM|
Outbound travel is expected to increase by 70% compared to 2020.
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