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State-owned hospitality group Jin Jiang reports 32.3% drop in revenue, eyes to be a world-renowned name
04/03/2021|12:19:33 AM|
In 2020, Jin Jiang had around 13% of its revenue from overseas markets, down from the 20% overseas share in 2019.
TravelSky net profit plunges 85% in 2020, failing to meet expectation
04/02/2021|3:50:08 PM|
Aviation information technology service revenue represented 45.5% of the Group’s total revenue in Year 2020, as compared to 55.6% for Year 2019.
OTA rolls out travel marketing hub; Fosun relaunches Cook’s Club in UK | Daily Brief
04/01/2021|11:08:59 PM|
Singapore, China are discussing travel resumption; Hong Kong’s travel bubble hopes for Singapore, Australia depend on pandemic control, vaccination.
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 hotel tech firm raises $45.6 million; Chinese are now more open to travel | Daily Brief
03/31/2021|9:38:15 PM|
State-owned travel conglomerate CTII posts 56% drop in revenue; Singapore mulls over launch of air travel bubble with Hong Kong.
State-owned travel conglomerate CTII posts 56% drop in revenue
03/31/2021|5:28:35 PM|
The company will continue to focus on building a “first-class tourist destination investment and operation service provider”.
Chinese consumers are now more open to travel, but outbound caution stays
03/31/2021|2:51:31 PM|
Asia remains the first-choice global region for outbound travel, followed by Europe, with North America in third place – despite the region’s poor image for safety.
Smart hotel solution provider Xiezhu receives USD 45.6 million in Series B financing
03/31/2021|12:17:21 PM|
The proceeds will be used for product R&D, market expansion and customer service.
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