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Greater China leads Hyatt recovery; Generation Z brings new engine | Weekly Review

Greater China leads Hyatt recovery; Generation Z brings new engine | Weekly Review

Booking Holdings gets a triple return on Meituan investment; Jin Jiang remains Accor's biggest shareholder with a 13% stake.

08/08/2020|11:39:08 PM|ChinaTravelNews
Booking Holdings announces plan to reduce Booking.com workforce by 25%

Booking Holdings announces plan to reduce Booking.com workforce by 25%

The company expects to finalize its plans and make relevant announcements to employees on a country by country basis.

08/04/2020|10:25:57 PM|ChinaTravelNews
Generation Z consumers present new growth engine for travel brands

Generation Z consumers present new growth engine for travel brands

Some 10% of them make travel reservations on e-commerce platform Taobao, video-sharing app TikTok and lifestyle sharing platform Xiaohongshu.

08/02/2020|6:36:32 PM|ChinaTravelNews
China's Jin Jiang ranked the world's second biggest hotel group in 2019

China's Jin Jiang ranked the world's second biggest hotel group in 2019

Seven Chinese hotel groups made it to the global top 20 hotel groups by room number.

07/28/2020|11:51:57 PM|ChinaTravelNews
Asia Pacific theme parks thrive with dramatic rises in China

Asia Pacific theme parks thrive with dramatic rises in China

China's growth in the leisure sector is a story of supply and demand: a large population with increasing income and desire for travel and leisure, across a large landmass with ever-better transportation infrastructure.

07/25/2020|8:48:51 AM|ChinaTravelNews
China further restores travel activities by allowing inter-provincial group tours

China further restores travel activities by allowing inter-provincial group tours

Cross-border group trips including inbound and outbound travel are still prohibited for the moment.

07/14/2020|11:04:05 PM|ChinaTravelNews
Airline schedule data indicates potential recovery in Asia Pacific through July

Airline schedule data indicates potential recovery in Asia Pacific through July

Mainland China’s domestic schedule suggests a recovery to marginally positive year-on-year growth by end of July.

06/26/2020|10:05:56 PM|ChinaTravelNews
Peer-to-peer RV rental startup Outdoorsy attracts $88 million in venture funding

Peer-to-peer RV rental startup Outdoorsy attracts $88 million in venture funding

Outdoorsy has seen a 2,645% increase in bookings from the low point of COVID, which was late March, to right now.

06/05/2020|5:28:53 PM|Techcrunch
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