For the six months ended June, Shangri-La Asia Limited reported a loss of USD 255.4 million compared with a profit of USD 64.2 million the year before.
Tourism website Mafengwo releases new travel tips product; Chinese tourists will lead the way of short-haul travel.
The metasearch platform recorded more domestic hotel bookings in September this year than it did last year.
The license extension is expected to help Hampton by Hilton maintain its edge in the highly competitive mid-scale hotel sector in Hilton's top priority market, China.
The Chinese multi-brand hotel group mentioned that tier-3 and below cities accounted for 50% of the total pipeline at the end of October. The plan is to establish both middle-scale and economy brands in these places.
China plans first domestic luxury cruise line with Viking; HNA Group, Trip.com sign MoU on air travel, Internet tech.
Trip.com Group-owned hotel chain Rezen invests in a hotel management firm; Homesharing giant Tujia's rural operation spin-off firm secures $15.3 million funding.
China's hotel titans put Marriott and Hilton to shame; Huazhu posts better-than-expected revenue growth in Q3.