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Chinese lifestyle hotel company Atour updates IPO filing, reporting higher profit

Chinese lifestyle hotel company Atour updates IPO filing, reporting higher profit

In 2021, approximately 39.7% of the room nights were sold to its A-Card members.

06/25/2022|10:32:35 AM|ChinaTravelNews
Domestic travel expected to further recover; Hong Kong lawmaker slams hotel quarantine policy | Daily Brief

Domestic travel expected to further recover; Hong Kong lawmaker slams hotel quarantine policy | Daily Brief

China increases high-speed rail speeds to 350 kilometers per hour; Hong Kong’s famed Jumbo Floating Restaurant sinks.

06/21/2022|10:17:04 PM|ChinaTravelNews
Regulator to increase international flights; Shanghai unveils measures to boost tourism | Daily Brief

Regulator to increase international flights; Shanghai unveils measures to boost tourism | Daily Brief

Trip.com to launch its first 'Trip.Best' list; Cathay Pacific extends partnership with Sabre.

06/21/2022|2:51:12 AM|ChinaTravelNews
Shiji partners with IDeaS; China to run more trains in Shanghai | Daily Brief

Shiji partners with IDeaS; China to run more trains in Shanghai | Daily Brief

Saudi Arabia minister says China significant market for kingdom's tourism market; Hong Kong’s Lam says ‘not possible’ to open China border soon.

06/10/2022|10:46:01 PM|ChinaTravelNews
Huazhu better equipped to deal with ups and downs of the business cycle

Huazhu better equipped to deal with ups and downs of the business cycle

Taking care of its stakeholders and refining its sales strategy as per the demand being seen locally, the hotel company believes it is now better prepared to deal with uncertainty.

06/02/2022|10:47:10 AM|Ritesh Gupta, ChinaTravelNews
Shanghai ends 2-month lockdown; China eases blanket travel rule | Daily Brief

Shanghai ends 2-month lockdown; China eases blanket travel rule | Daily Brief

China cases drop below 100 as specter of Covid Zero remains; Marriott partners with Ant Group to enhance digital operations.

06/02/2022|7:06:24 AM|ChinaTravelNews
China’s reopening plans spark rally in stocks; India replaces China as Thailand’s top tourism market | Daily Brief

China’s reopening plans spark rally in stocks; India replaces China as Thailand’s top tourism market | Daily Brief

Hotel giant posts bigger loss in Q1, expects revenue to drop 2%-6% in Q2; More carriers resume domestic flights from Shanghai.

05/31/2022|6:26:34 AM|ChinaTravelNews
Huazhu posts bigger loss in Q1, expects revenue to drop 2%-6% in Q2

Huazhu posts bigger loss in Q1, expects revenue to drop 2%-6% in Q2

Revenue excluding DH is expected to decline 23% to 27% in the second quarter, mainly due to large impacts from Omicron variant outbreak in China.

05/31/2022|6:06:41 AM|ChinaTravelNews
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