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China, US may lift travel restriction in Aug; Luxury hotelier eyes SPAC listing | Daily Brief
03/02/2021|6:14:00 PM|
Macao gambling revenue spikes 136% in February; China not ready to allow the Boeing 737 Max back in the air.
China hotels show slight lift during Lunar New Year holiday
03/02/2021|3:40:53 PM|
Daily occupancy in the market sat in the 30% range for most of the festival period Feb 11-17 then rose to as high as 37.6% on Feb 20.
Tencent, Trip.com invest in new firm; Travel to rebound in second half | Daily Brief
03/01/2021|9:26:17 PM|
Barceló Hotel Group partners with Plateno, Betterwood to expand in China; China’s economic recovery slows amid holiday disruptions.
Chinese New Year travel was 69.3% down
03/01/2021|9:03:37 PM|
Decline was arrested by last-minute flight bookings and outlook is encouraging.
Amadeus revenue contracted by 61.0% in 2020
02/28/2021|9:54:15 AM|
Travel agency air bookings fell by 81.5%.
Trip.com to get listed in HK in April; China may see V-shape rebound | Weekly Review
02/27/2021|11:16:04 PM|
WeChat tourist attraction scam is back in business; China cleared all COVID-19 high-risk areas.
Ocean Link raises $580m fund; China buoys Lagardère in a tough year | Daily Brief
02/27/2021|12:13:10 AM|
Epidemic response helps planes get back in skies; Spring Festival holiday tourism income recovers to 58.6% of pre-virus level.
Airbnb reports 22% revenue decline in Q4, “outperforming hotel groups and OTAs”
02/26/2021|8:27:26 AM|
The recovery in Asia Pacific continues to take time.
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